pull down to refresh
21 sats \ 1 reply \ @SimpleStacker 16 Jun \ parent \ on: Exposing Tether - Bitcoin's Biggest Secret bitcoin
Sufficient reserves for sporadic redemptions also isn't really proof of reserves. It doesn't mean they are fully capitalized, and it doesn't mean they would survive everyone rushing to redeem at the same time.
he didn't watched the video, especially the part where is explaining how they moved literally money from a bank acc to another just to "prove" reserves in a certain time.
reply