Once the Ponzi scheme of Tether is revealed, all cryptos will be essentially worthless. If you don’t know about Tether you better educate yourself very, very quickly.
Yeah, I expect others to delist it. Coinbase did it long ago. I think they want to eventually lock out the public because they really only want banks to use it.
Kind of like what they did with gold back in the day.
Executive Order 6102 required all persons to deliver on or before May 1, 1933, (33 is the magic number) all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve in exchange for $20.67 (equivalent to $433 (33 is the magic number) in 2021)[5] per troy ounce. Under the Trading with the Enemy Act of 1917, as amended by the recently passed Emergency Banking Act of March 9, 1933 (33 is the magic number), a violation of the order was punishable by fine up to $10,000 (equivalent to $209,000 in 2021),[5] up to ten years in prison, or both.
I like Gemini because it is located in USA and subject to New York financial laws. Foreign exchanges with no oversight scare the hell out of me. Happy hunting!
Once the Ponzi scheme of Tether is revealed, all cryptos will be essentially worthless. If you don’t know about Tether you better educate yourself very, very quickly.
at the same time I think the Ripple/SEC case will end and people will flood their money and convert their cryptos in to XRP.
Gemini Exchange delisted XRP.
Yeah, I expect others to delist it. Coinbase did it long ago. I think they want to eventually lock out the public because they really only want banks to use it.
Kind of like what they did with gold back in the day.
https://en.wikipedia.org/wiki/Executive_Order_6102
Executive Order 6102 required all persons to deliver on or before May 1, 1933, (33 is the magic number) all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve in exchange for $20.67 (equivalent to $433 (33 is the magic number) in 2021)[5] per troy ounce. Under the Trading with the Enemy Act of 1917, as amended by the recently passed Emergency Banking Act of March 9, 1933 (33 is the magic number), a violation of the order was punishable by fine up to $10,000 (equivalent to $209,000 in 2021),[5] up to ten years in prison, or both.
I like Gemini because it is located in USA and subject to New York financial laws. Foreign exchanges with no oversight scare the hell out of me. Happy hunting!