> So you are suggesting that bitcoin, far from having shed the problems of government-issued currency, is going through the process by which irresponsible governments can destroy a currency.
As far as I know, Thether is not Bitcoin and coins are issued randomly (usually, multiple times a week) by the creators, unlike Bitcoin. There is no proof of work, or proof of stake here... just plain issuing "pre-mined" coins. A bit like the currency in most countries nowadays.
As far as I know, Thether is not Bitcoin and coins are issued randomly (usually, multiple times a week) by the creators, unlike Bitcoin. There is no proof of work, or proof of stake here... just plain issuing "pre-mined" coins. A bit like the currency in most countries nowadays.
I have no clue why Bitcoin was brought up.
Look at this: https://twitter.com/search?q=%22minted%20at%20Tether%20Treas...
It is nuts.