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Tether (USDT) Humbled by Support of Few Truthers

Tether (USDT) Humbled by Support of Few Truthers

Community Trust ScoreVerified

83%
Real
Verified12 votes
Updated 5 years ago

Paolo Ardoino expressed:  Tether has been created to help people. Despite few truthers (paid by guess whom) with loud voices, the actual community is behind us and we are humbled of your support.

Paolo Ardoino stated the above in response to There’s a lot of trust in Tether.”  Excellion raising use of USDT in Dubai & Turkey, for example.

Also stated, you will know when we will publish the audit.

Positive Community response:  It’s not the idea of Tether that we mind. It’s the execution. If you can’t be transparent with AUDITS (let alone corruptible attestations which you’re LATE on), then we don’t want it, no matter how useful. Our money deserves better trustworthiness.

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You know an audit would shut them up really quickly. When can we expect that?

Negative Community Response:  Tether and friends lied to the “community” provably for 3 years from 2016 to 2019, and probably to this day.  How you guys got away “so far” with a measly 42 million $ fine is anyone’s guess.

Helping large exchanges pump the price of BTC with your unaudited shit stable coin.

Attestations are a form of auditing. it’s like an on-going audit.

This is the most basic question in the world. I’m not asking for the names of troubled commercial paper counter parties. You have said you are working on an audit and that it is progressing well. Simple: WHAT IS THE NAME OF THE AUDITOR? We are working on it progressing well. We aim to be the first providing an audit.

Will be some shady fly-by-night Cayman Islands outfit if it ever happens at all.

It’s a money market fund. You can audit it very easily. Who have you hired to audit/ who was the short list.

Surprise, there will be none because 0 is backed.

Why not just share the auditor you claim to currently be working with? Last 2 times Tether/BitFinex claimed to have an auditor: #1: After a year you admitted Ledger labs doesn’t even perform audits #2: Your relationship with Friedman was announced & quickly dissolved Right?

Which community? We just use it cause, it was first. Like QWERTY keyboards. Nobody likes it, but not using it is usually not an option.

I worry about the FED more than I do about tether, obviously.  They pose ACTUAL systemic risk.

Tether doesn’t seem to be that stable in Turkey.

Trump’s tax returns 2. Tether’s audit 3. JFK assassination files I don’t think we might get to see these 3 things in our lifetimes.

Community Trust IndexModerate Confidence
83%
Real
Real83%17%Fake
12 community signals

James Thorp

James Thorp is a passionate crypto journalist from South Africa specializing in Litecoin, Dash, and emerging digital assets. With years of experience covering the crypto markets, James delivers in-depth analysis and breaking news on altcoins, blockchain adoption, and decentralized payment networks for The Currency Analytics.

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