Where are this people who trade on Bitfinex? Why they dont post here?
Do they know about the risks? About tether?
Do they know about the risks? About tether?
I happily trade there. Do the Tether pundits realize that the USD on every exchange in the world is not actually USD but simply a debt owed by the exchange to the customer? Why should I care if that debt is represented by a crypto token instead of a line in an Excel spreadsheet ? Yes Tether might be fractional reserve banking but you can do fractional reserve banking in Excel too.
I happily trade there too, but for now I think is better to stay away from Bitfinex and tether. I'm using BitUSD to protect my profits and I'm very happy with it! It is secure, descentrilized and fast! Highly recommend it!