In this video we will break down what USDT is. How is it printed? How does Tether report? Why is some funny money worth $1 at all? And, of course, we’ll show a number of questions to this “bank”; be certain, there are risks here.
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Sources – https://docs.google.com/document/d/1AS62FgWmkJFr6xE98xJN_ZD27VICyhNdbkl4xbftbBw/edit?usp=sharing
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Navigation:
00:00 – Intro
1:39 – What is cryptodollar backed by?
6:03 – How do we know about USDT’s backing?
10:45 – Why is ONE tether worth ONE real dollar?
14:06 – Is tether a scam or not?
16:24 – When is TO THE MOON?
#crypto #usdt #stablecoin #tether #theresearcher
15 Comments
Here is also a video about how to create a cryptowallet if you are a dummy with that stuff –
https://www.youtube.com/watch?v=1ROUfMzw2BY
Hmm. Shady
Sounds A LOT like a security to me. Is there a way I can short sell this? It's clearly a hiuse of cards. Panama–cayman islands–lawsuits–no ty. This is why I don't buy monero
I'll like to see more❤☮
I don't know ..I don't see why would I buy USDT. It makes more sense to me to buy USD if for some reason I wanted to do that.
Would appreciate a video on TrueUSD!
Start with just a 100 dollars, put % of those 100 dollars in different coins, leave them there for a year earning interests in stoking, watch after a year with who you lost monet and who won. in that year, try to learn as much as you can. this guys are good, to small to be sponsored for market manipulation. they know how to defend against the state and manipulation because they are russian. Another good educator in crypto assets is Criptocasey, I found out in the grind to try to learn and she seems t least more trustworthy than most of the fad out there. take my words with a grain of salt, dont trust anyone who ask for money or gives you a number or whatever, this is a new tech, enviroment, and is a savage wild west.
I guess if someone lives in a country with severe capital controls, it makes sense to use any means possible to safeguard owns wealth, that would include crypro stuff, but if you live somewhere with easy access to USD and other liquid currencies, then it makes no sense to take the risk.
What about videos on the biggest cryptocurrencias for market capital, like bictoin, binance, etherium cardano, or those backed SUPPOSEDLY by gold like Pax Gold. or stable coins like the binance one or paxos too
My mates and i would like to watch a review of the other stable coins
How the fk is this chanel so small with this quality?
5:24
Banks do not need people's money for Credits Banks only need people who are creditworthy and the central bank to make Credits Banks get the money directly from the central bank. It is unfortunately a widespread misunderstanding.
Banken brauchen nicht das Geld von Menschen, für Kredite und Hypotheken. Banken brauchen nur Menschen, die Kreditwürdig sind und die Zentralbank um Kredite und Hypotheken zu vergeben. Banken bekommen das Geld direkt von der Zentralbank. Es ist leider ein weitverbreitetes Missverständnis.
If it's fixed to the USD it's really don't have any uses other than money laundering.
If you invest in legal weed companies, you at least have legal weed.
there will soon be no need for stablecoins since most of the major exchanges are going to give an option of directly exchanging for fiat currencies