2min chapter

Crypto Critics' Corner cover image

Prime Trust, TrueUSD, and Offshore Finance (Feat. Jonathan Reiter and Patrick Tan)

Crypto Critics' Corner

CHAPTER

The Irony of Cryptocurrencies

Tether used to advertise that if you didn't want to go through KYC, but still wanted to get Tether. If you sent them Bitcoin, they would send you Tether and you wouldn't have toKYC then like that. So there you go. That's been part of the industry since the very beginning. It does have a bit of that same brazenness. For the low, low price, you get capital capital evasion."

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