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Stickied postModerator of r/Bitcoin

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68

Pursuant to the above terms of Engagement, and the discretion provided by Tether, FSS selected the date of June 1st, 2018, and received the following balance information from Tether’s two banks as of the close of the banking day. FSS received the following confirmations from the respective banks by sworn and notarized statements provided by duly authorized personnel.

BANK 1: $1,968,538,584.82 USD (unencumbered)

BANK 2: $576,528,652.00 USD (unencumbered)

TOTAL: $2,545,067,236.82 USD

the amount of fully-backed USD Tethers in circulation as of June 1st, 2018 was equal to $2,538,090,823.52 USD Tethers.

Now, we are going to the Moon!

https://tether.to/wp-content/uploads/2018/06/FSS1JUN18-Account-Snapshot-Statement-final-15JUN18.pdf

90
Posted by
redditor for 2 days
6 hours ago
31
Posted by
redditor for 3 months
5 hours ago

Basically seems 90% of FUD is from bankers and their institutions. Just trying to delay the inevitable. Nobody enjoys paying someone else to watch their hard earned money and be told when you can and cant use it etc. Remember when you actually went into a bank yeah that's gone now. Remember actually speaking to tellers yeah nobody does that anymore. It's like watching Sears fall apart to Amazon. Dont adapt you're gone with the wind. Bye bye greedy bankers nobody wants your shitty advice and horribly run systems anymore.

17

9 years later...

  • Still 8-10 minutes per block
  • Still 21M cap
  • Still SHA256
  • Still no down time
  • Still never hacked
  • Still open source
  • Still decentralized
  • Still immutable
  • Still growing

Bitcoin is unstoppable!

Now I am panic buying on margin in FOMO/YOLO mode.

To the Moon and beyond!

550

Read this quote and thought of bitcoin. Detractors have called Bitcoin slow, superficial, chaotic, and too nerdy and technical for mainstream adoption. The Bitcoin community has been called hostile. And the entire idea of decentralization labeled as a misadventure — a mere waste of time.

We shall see!

550
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