
MacroVoices #255 Mike Green: Bitcoin’s Role in the Future of Digital Currency
Macro Voices
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The Fear Uncertainty and Doubt of Tether
Tether is supposed to track the value of the US dollar so that it doesn't go up and down in price. It's backed one to one by good old-fashioned US dollars on deposit, according to its sales pitch. People are starting to allege that what's going on here is Tether has been printed somehow where there's not really a dollar behind it. The real question is either Bitcoin moves to yet another fresh high in the next few weeks or it's probably done for quite a while.
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