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RE: DTube | Get Your Crypto OFF Tether Exchanges - Bitfinex, Binance...
I read somewhere else too about Teher if that's true then what is safe and how one currency is going to have pegged value?
What I thnk for crypto to be adopted in the day to day use, it must have some fixed or not much volatile value.
Tether may still be a viable currency. There's not confirmation that Tether has done anything wrong - Just a lot of speculation and not much evidence to the contrary.
There's a lot of reason for Tether to worry about disclosing their financial data. For one thing, if ever a government tries to regulate Tether it will be much easier for them if all of Tether's financial accounts and stakeholders are known because of a previous audit. Right now that information is not known to anyone outside of Tether, which would make it very difficult for a government to intervene or freeze their assets.
Still, it's a scary time for Tether and I think a lot of investors are worried about the possible implications for the market if Tether has been involved in market manipulation.