This is Bitcoin’s Biggest Secret, the Great Tether Ponzi Scheme
When will the Tether ticking time bomb explode?
Shortly before Christmas, prolific Medium writer Jared A. Brock sent me an email titled “When will Tether crash and burn?”
I let out a great big laugh as soon as I saw it.
It’s crazy how Jared can make a more compelling article out of an email than half of the professional journalists I read in an afternoon.
But was he right?
Were my bitcoins going to zero and was the entire crypto market finished?
It’s hard to say.
Because Tether does have many problems. But how deep does this rabbit hole really go? Let’s find out.
Why do we need Tether?
“This is your last chance. After this, there is no turning back. You take the blue pill — the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill — you stay in Wonderland, and I show you how deep the rabbit hole goes. Remember, all I’m offering is the truth — nothing…
