should I write a piece debunking tether fud lmao
@evankaloudis haha in fairness there's a good reason why stablecoin issuers should be fully reserved
Yes oh yes, please. I got a list of links (incl two of On The Brink podcast episodes) I keep posting/sending people, but having a nice, concise debunking write up would help much more, I think.
The only one I'm aware of for now is this one: https://blog.kraken.com/post/1664/on-tether-journalists-defy-logic-raising-red-flags/
Haven't looked into this too deeply either though, seems so silly anyway, but people just keep on bringing it up, ugh.
I think part of it is people being so wrapped up in their "bitcoin is a bubble/ponzi/scam" view that they just cannot fathom it still thriving year after year, so they grasp for any kind of theory that "explains" it without challenging their negative view of bitcoin... And some people just looooove conspiracy theories :)
@nic I would appreciate one. Most Tether FUDsters are just complete haters and not too bright. But there are a few honest ones out there. Travis Kimmel has made some valid points on cause for concern.
@nic depends, will it give the fud more credibility than it debunks? who's actually gonna read it, people whos minds it will change, or people who will believe it more after?
@nic I think Tether is probably in huge trouble, but fears of this destroying bitcoin are overstated.
@nic It would be nice to have a single piece that debunks the same FUD that appears to be rising from the dead every couple of months/years
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