ST Alpha - "If you're interested in the Tether background, here are links to a few old ST discussions:" (Reading a Post)

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In response to "Bloomberg has an interesting article on crypto, focusing on Tether. -- (link)" by mara

If you're interested in the Tether background, here are links to a few old ST discussions:

Posted by The Allfather (aka David) Oct 8 '21, 10:30

http://slackertalk.com/?post_id=4314390&board_id=27566&username=David

http://slackertalk.com/?post_id=4319488&board_id=27599&username=David

http://slackertalk.com/?post_id=4321555&board_id=27612&username=kkuphal

Responses:

BTW, on the date of that first post, Tether was worth right at a dollar. Today, it's worth right at a dollar. That...shouldn't happen. - The Allfather Oct 8, 10:33 4
- Having read the article, that’s the whole point of a stablecoin though, no? -- (edited) - znufrii Oct 8, 10:34 3
  - Yes but that's the trick in play. Bitcoin was around $11,400 that day. - The Allfather Oct 8, 10:41 1
    - More importantly, given that episode, how the f*ck is tether even still around? -- nm - znufrii Oct 8, 11:02
  - that's what I thought -- nm - Pippy Oct 8, 10:38

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If you're interested in the Tether background, here are links to a few old ST discussions:

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