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Is Tether a scam ?

Is Tether a scam ?
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Bitcoin
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Description

Is Tether a scam?
There is a lot of controversy surrounding Tether concerning whether it IS or ISN'T a scam. Hidden deep within Tether's legal section is this statement, kudos to cointelegraph :

“Once you have Tethers, you can trade them, keep them, or use them to pay persons that will accept your Tethers. However, Tethers are not money and are not monetary instruments. They are also not stored value or currency. There is no contractual right or other right or legal claim against us to redeem or exchange your Tethers for money. We do not guarantee any right of redemption or exchange of Tethers by us for money. There is no guarantee against losses when you buy, trade, sell, or redeem Tethers.”

Decision Logic

If Tether survive one year from now. We consider it a legit compagny.

If an audit is done and reveal they don't have the entire supply their created, their are using fractionnal reserve. That will be consider has scamming, because they don't respect the 1:1 supply USD:USDT.

Any evidence of fraud from any trusted source like a governement agency from either any countries, will be considered has proof of scam.

If the value of Tether drop to 0 we consider it's a scam.

9:50PM, Nov 19, 2017 UTC

12:00AM, Dec 1, 2017 UTC

11:55PM, Nov 19, 2018 UTC

CANCELLED

This bet has been cancelled!

Reason: No one bet on it. Next time, try sharing it with others!

YES
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# of Bets:0
NO
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# of Bets:0

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