The terms of service for Crect. Com say tethers are virtual currency that have no value. The company has since changed the terms of service to make it clear this is not money, but a form of 'funny money' Sesh: Why would they put that in the terms of service? Do you think this started out as being something fugas or shady? And then i guess would be good to talk about what the terms of service says to day.Sesh: They're marketing it as one thing, but then the terms of service, they're saying the opposite.
Jason covers Biden's executive order seeking to increase competition and weaken the power of Big Tech (2:21). Then, we continue our Tether Investigation with @Bitfinex'ed (18:16), covering how Tether works (36:09), and why he believes there is massive risk to the crypto markets (48:55) & more!