We Need to Talk About #Tether

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Tether has faced accusations from many in the digital asset industry that it is a form of privately-issued fiat currency, backed not by “real” dollars in any meaningful way but minted in ever-increasing quantities to buy (and inflate the price of) assets like BTC. To unfold this scandal, we're exploring the following 9 questions:

3:05 What is Tether?
3:55 Should we be concerned about Tether?
5:09 What is the source of the FUD around Tether?
7:09 What is Tether actually backed by?
11:07 Who’s providing Tether's banking services?
13:46 What is happening with the OAG investigation?
16:22 How is the Tether team responding?
19:21 Why did it all need to be so complicated?
20:49 Wen ...?

References
https://amycastor.com/2019/01/17/the-curious-case-of-tether-a-complete-timeline-of-events/
https://twitter.com/JacobOracle/status/1350794420300480512
https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=GknBw4wwWkCUHzib_PLUS_0O4rA==
https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=vIexA1b0spKOnK_PLUS_ZUGTJ3A==&system=prod
https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=2AsYgvjJAsSdalpfkInbHA==
https://twitter.com/BitcoinSV_AUS/status/1351751331178942464/photo/1
https://web.archive.org/web/20150315014640/https://tether.to/
https://www.coindesk.com/tether-lawyer-confirms-stablecoin-74-percent-backed-by-cash-and-equivalents
https://tether.to/tether-response-to-flawed-paper-by-griffin-and-shams/
https://tether.to/tether-banking-relationship-announced/
https://tether.to/wp-content/uploads/2018/11/Tether-Letter.pdf
https://www.deltecbank.com/?locale=en
https://menafn.com/1099495959/Deltec-Bank-Bahamas-says-Blockchain-offers-Banking-Sector-Trust-Speed-and-Reduction-of-Intermediaries
https://twitter.com/dzrgreg/status/1351590435748270082
https://twitter.com/ExkrementKoin
https://youtu.be/3g2e_nEX9H0?t=426
https://home.treasury.gov/system/files/136/PWG-Stablecoin-Statement-12-23-2020-CLEAN.pdf
https://amycastor.com/2021/01/17/news-tethers-offshore-deltec-bank-the-bit-short-nyags-document-deadline-tether-truthers-compare-skeptics-to-qanon/
https://amycastor.com/2019/01/17/the-curious-case-of-tether-a-complete-timeline-of-events/https://amycastor.com/2021/01/10/tethers-paolo-ardoino-stuart-hoegner-do-a-podcast-transcript-and-comments/
https://twitter.com/bitfinexed

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