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by ryanlol 1867 days ago
> Following that logic, any obvious ponzi / pyramid scheme is credible and trustworthy until it demonstrably collapses?

Credible and trustworthy? Of course not! Slightly more credible than a napkin with “100% cash” written on it? Of course.

> You say tether is "maintaining" the peg but that information comes... from them

That information comes from the exchanges where tether is traded.

>You won't see that they are not even close to solvent until a bank run occurs

Nobody is disputing this