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.
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
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.
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
Thank you, will check this out tonight!
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
Oh so it's a Canadian dollar then