It's built on top of fractional reserve banks though

😂

Who knows...🙅‍♀️

I trust only my own node and in sats in my self-custody.

Maybe that's why it catches so much flak, who knows.

Os a mistery

So you think Tether is ok. Saifedean Ammous seems to think so.

Its the only one so far 🔥

My understanding is you could only achieve that by having an account with the Fed (Custodia’s goal). Everything else in the $ world cannot be fully reserved without counterparty risk.

I think it’s highly improbable - not impossible - that reserves are greater than liabilities given the markets in the past year.

Tether is not exactly ok, but i like how they use the fiat game to fuck banks n govs in the ass

Tether is king 👑