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RE: Investigating the Top 50 Cryptocurrencies, Part 34/50: Tether
Same reason I used to hold SBD - so that I could avoid losing a large % of my money to a market downturn.
Of course now with SBD all bets are off.. and Tether even worse... maybe some of the BitShares pegged currencies will still be stable, but at this point who knows.
At least bitshares tied currencies are decentralised and not subject to a company going bust, running off with your funds or other kinds of fraud! I don’t trust tether. Too much created recently without explanation.
Totally agree with you about both BitShares and Tether. Tether's looking mighty suspicious right now lol