Hi traders .
Some of you know that I was speculating how Bitfinex and other exchanges are manipulating price of Bitcoin .. Here its massive amount of information that is between Bitfinex and tether issue . If you are in Crypto space I believe that you have to read this . I think we all know that tether its not backed 1-1 and that its extremely shady for stable coin . We can't have tokens that are backed by some other assets other than real currencies . Please do yourself a favor and look in to this link below . Also share this if you can with your friends . People need to read this. You don't have to create the account etc .. just open PDF in your browser.
papers.ssrn.com...sol3/papers.cfm?abstract_i...
Some of you know that I was speculating how Bitfinex and other exchanges are manipulating price of Bitcoin .. Here its massive amount of information that is between Bitfinex and tether issue . If you are in Crypto space I believe that you have to read this . I think we all know that tether its not backed 1-1 and that its extremely shady for stable coin . We can't have tokens that are backed by some other assets other than real currencies . Please do yourself a favor and look in to this link below . Also share this if you can with your friends . People need to read this. You don't have to create the account etc .. just open PDF in your browser.
papers.ssrn.com...sol3/papers.cfm?abstract_i...