2min chapter

My First Million cover image

#196 with Dan Held - Who Really Created Bitcoin & Other Crypto Startup Ideas

My First Million

CHAPTER

Is Tether a Threat to Cryptocurrency?

The fear is basically, if the tether people are not being on the up and up. So you have to trust people, which is a kind of the anti crypti way. But that's what's driving up run ups in price, is there's a huge amount of biccing that's bought with tether. Now, how legitimate is the concern? Rito: It isn't as bad as people say. There's all sorts of moments whento tether wasn't fully collateralized. Big coin inherently doesn't need tether.

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