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     7 years ago 

    I'd never use USDT. it's the most unstable and most misguided thing in crypto.

    there is no safety in USDT

    $0.11
    • Past Payouts $0.11, 0.00 TRX
    • - Author $0.08, 0.00 TRX
    • - Curators $0.03, 0.00 TRX
    1 vote
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     7 years ago 

    Could you point me to why you think that? I've been around for a little bit but I never quite understood usdt. But I saw last night when everything was red usdt was still holding steady and it had like $90 mil 24hr volume so now I'm a bit curious about it

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       7 years ago (edited)

      Explained in my comment, complete with citation of a source. It's a sham.

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         7 years ago 

        I agree USDT is as good an option as any. I believe its owned by a Singapore bank as well?

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         7 years ago 

        Have you read Tether's terms of service? To quote from them

        Tethers are not money and are not monetary instruments. They are also not stored value or currency.
        There is no contractual right or other right or legal claim against us to redeem or exchange your Tethers for money. We do not guarantee any right of redemption or exchange of Tethers by us for money. There is no guarantee against losses when you buy, trade, sell, or redeem Tethers.

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         7 years ago 

        This is insane. Good find Ashaman. I'll have to go back and adjust my post on this.

        $0.07
        • Past Payouts $0.07, 0.00 TRX
        • - Author $0.05, 0.00 TRX
        • - Curators $0.01, 0.00 TRX
        2 votes
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        [-]
         7 years ago 

        Agreed about the insanity. No one ever reads the ToS... We've all been very effectively conditioned not to.

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