Robert Hirsch
Aug 4, 2021

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wait, USDT is back up 50% by real assets? Thats awful! Now, let me tell you about the reserve banking system... 10% under normal conditions. 0% under covid. Man if you think tether are crooks, you must really hate bankers!

Also, you left out the part where tether burns. You see... they are minting and burning to maintain the price parity with the dollar. I know this is complicated, but spending some time on it before hitting publish may be useful.

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Robert Hirsch
Robert Hirsch

Written by Robert Hirsch

Author, Maker, Father, Dreamer. Robert received his Ph.D. from RPI in Mechatronics. Since then, consumer devices, renewable energy, and now blockchain.

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