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5
FireannDireach 5 points ago +5 / -0

Well, until you realize Tether exists.

But that's none of my business.

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mathteach314159 6 points ago +6 / -0

Do say more. I have now realized Tether exists but I dont know what it is?

Quick search and I came up with the fact ghat Tether was a crypto that was supposed to be backed by the US dollar. 1 Tether = 1 US dollar. Until it came out that 1 Tether was actually equal to 74 cents. So basically 1 Tether = 1 female dollar.

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FireannDireach 5 points ago +5 / -0

Dig in. It would take a book to explain it, but it's basically a Ponzi scheme propping up the price of Bitcoin. Start here:

https://www.ft.com/content/3ac4809e-7c4d-4d9f-83ea-7112bfd3480a

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mathteach314159 1 point ago +1 / -0

Thank you, will check this out tonight!

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Pandas4Trump -3 points ago +3 / -6

Is Monero part of that in some way? I'm more apt to trust a cryptocurrency whose value is based on black market potential. The big banks seem to like the trackability of Bitcoin

2
Sporadica 2 points ago +2 / -0

1 Tether was actually equal to 74 cents. So basically 1 Tether = 1 female dollar.

Oh so it's a Canadian dollar then