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by roenxi
2614 days ago
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Can you tell me what the difference is between tether and roenxi-coin where I take dollars and give you an "IOU" that is, formally, not going to be redeemed? I can do better than tether. You give me $1, I'll keep 80c that I still won't give back to you later. I'm pretty trustworthy on promises like that. The only difference I can see is I wouldn't be willing to actually run that scheme because at some point I'd be jailed for running a fraud. Anyone who deals in tether now has to admit that supply is not limited in any way and the people behind the creation of new supply are crooked. Only an idiot would deal in tether now. If the price trends downwards there is literally no reason for it to ever trend up again. It has the worst value proposition of any scheme involving millions of dollars I've ever seen. |
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