The Wolf Of All Streets Tether FUD | Crypto Town Hall
Nov 7, 2023
In this podcast, the hosts discuss concerns surrounding Tether, including lack of transparency and lawsuits. They also delve into the absence of audits for Tether and the findings of the New York Attorney General. The podcast explores the possibility of a run on the bank in Tether and critiques the idea of government intervention. Additionally, they discuss the solvency of Tether and the compliance requirements for cryptocurrency businesses. The use of private blockchains and the debate on their effectiveness is also addressed.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9
Introduction
00:00 • 2min
Concerns and Transparency surrounding Tether
01:37 • 5min
Debate on Audits and Credibility of Auditors
06:20 • 4min
The Lack of Audits for Tether
10:15 • 7min
Tether's Asset Reserves and Illegal Actions
16:47 • 20min
Survival of Tether and the Dynamics of Bank Runs
36:38 • 2min
Tether's Solvency and Banking Relationships
38:16 • 8min
Compliance Requirements for Cryptocurrency Businesses
46:43 • 18min
Private Blockchains and the Debate on Their Effectiveness
01:04:51 • 7min