Episode #124 - Chris Sullivan and FTX Damage Control
Gold Goats 'n Guns Podcast
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Is Tether a Thing?
Tether is a fully, wholly owned subsidiary of JP Morgan, Goldman Sachs, Morgan Stanley and all the other big New York banks. Even if they're half collateralized, that's still better than every single bank on the planet. So isn't that better than just fiat by itself? Of course it is. It's even a prototypical replacement for what we talked about earlier.
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