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Tether Is Seriously Scary Stuff by bitcoinflood

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· @bitcoinflood ·
$22.06
Tether Is Seriously Scary Stuff
![Untitled design (12).jpeg](https://cdn.steemitimages.com/DQmbjXMxYChz6ckiXUSWB7EmdptJ8TsqMTmwJjiuwuFXtrh/Untitled%20design%20(12).jpeg)

We talked a little about tether yesterday. About how we still have no audit logs, they have been caught printing tether when it was not backed 1:1 with Fiat in order to pay off debts. Those that where suppose to audit tether left without notice most likely because of spotting issues with the system for the audit.

Well to expand on that some more did you know Tether is actually the most used cryptocurrency ? Even beating out bitcoin and those honestly should scare the heck out of you.

The largest amount of trading and exchange of cryptocurrency is happening on a unaudited and proven shady company. One that most likely is artificially inflating prices again. 

One that very well could crash the markets yet again as they did back in 2017.

I think it's about time for people to start getting a little smarter with their money and demand tether to finally prove some real audit logs. It also should be said if you are currently using tether yourself STOP! You most likely are harming the very thing you are looking to support.
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@tts ·
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@steemitboard ·
Congratulations @bitcoinflood! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

<table><tr><td><img src="https://steemitimages.com/60x70/http://steemitboard.com/@bitcoinflood/posts.png?201910020039"></td><td>You published more than 1200 posts. Your next target is to reach 1300 posts.</td></tr>
</table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@bitcoinflood) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=bitcoinflood)_</sub>
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To support your work, I also upvoted your post!


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@steem-plus ·
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@nealmcspadden ·
It's amazing to me that people still use Tether.
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