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While I do believe Tether is pretty sketchy and I don't trust any so-called "stablecoin", it's also pretty clear the author has an ax to grind and has had for a while.

Funny how every time people say it's so easy to prove Tether's frailty, they say there's way too much counterparty risk in shorting Tether. Shorting a scam should be a sure bet, but it has yet to happen.

So, buyer beware.



Why are you dismissing counterparty risk so quickly? The failure rate of Bitcoin exchanges is _high_.



There's a whole category of scams designed to scam short sellers who have spotted a scam that should be easy to short.




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