diff --git a/Trolly_McTrollface.yml b/Trolly_McTrollface.yml index c9d3e0d..194719a 100644 --- a/Trolly_McTrollface.yml +++ b/Trolly_McTrollface.yml @@ -219,3 +219,28 @@ It's safe to assume that exchanges make more money than miners, as a whole. date: 2020-12-30 source: http://www.tr0lly.com/bitcoin/bitcoin-is-not-a-literal-ponzi-scheme/ + + +- quote: | + Now you have Tether and USDT. 22 billion almost dollars governed by a five-page disclaimer + that USDTs are backed by whatever Tether wants, at whatever valuations Tether finds convenient. + No credit rating, no bank, no auditor, no offices, no CEO and CFO, no guarantee whatsoever. + date: 2021-01-08 + source: http://www.tr0lly.com/uncategorized/tether-heads-i-win-tails-you-lose/ + +- quote: | + The USDT/USD peg is founded on the premise that people won't try to cash out en masse. + As long as they don't, USDT printing can continue. + date: 2021-01-07 + source: http://www.tr0lly.com/bitcoin/the-tether-press-and-bitcoins-speculative-mania/ + +- quote: | + Why should Tether spend all its money (it is theirs, after all - + USDT holders don't have a legal claim on Tether's reserves) + trying to save the crypto markets, when they collapse? + How many years would it take them to rebuild their war chest, + assuming that crypto bounces back? + Why not party on a yacht in Monaco instead? + date: 2021-01-08 + source: http://www.tr0lly.com/uncategorized/tether-heads-i-win-tails-you-lose/ +