https://twitter.com/search?q=%40cryptotimetrav2%20evergrande&src=typed_query
If Tether collapses, shit will be crazy 😂
A dig on any possible connection of Evergrande with the US Election rigging sounds intriguing.
Feb-14-2022
EVERGRANDE is a front for CIA, Mossad & Mi5. They have been funding all of your rigged Elections forever.
It looks like Tether is next after Evergrande
(Jul-2-2022) there you go, one by one they are starting to reject the 2020 elections.
evergrande and #tether are also linked to the dominion servers.
The wheels are falling off the wagon my friends!
I did try to warn.
LOOK OUT!
people should watch tether and evergrande. ;-)
Chinese businesses even in America are now finding themselves DELISTED.
HAHA! Cry me a river.
yes, even those pissy little sweet and sour chicken shops. LOL
even small tiny mom and pa shops.
We warned evergrande is going to COLLAPASE.
They will squeeze the balls of many
China will not like what is coming with EVERGRANDE!
focus on that, their balls are in a VICE!
(Feb-14-2022) Its Too Late for #EVERGRANDE
Its GOING TO COLLAPSE TOO!
Now You Know Why!
(Nov-11-2021) watch #Evergrande
You're right over the target! I found a guy on Twitter named "Bitfinexed" in May 2017, right around the time crypto started to really explode. He had a ton of inside dope on the owners and operators at Bitfinex (the largest crypto exchange at the time) and Tether and had the whole scheme pretty well worked out. The only thing missing was how connected these operations were to the deep state.
We shall see whether they can kick the can down the road for much longer, or whether this spells the end....finally!
Good digz OP!
The model of DS financial scam is very simple.
Print money out of thin air
Find different ways to suppress the resulting inflation.
One of the way to suppress inflation is to create new bubbles and let the newly printed cash flow in there.
Cryptos were one of the ways to store newly printed cash (which was roughly 25T after 2008 Obama bailouts).
Sometimes (many times), a method created to hide another scam, takes a life of its own and becomes its own scam. Thats what happened with Cryptos. They followed the same playbook within the crypto world. "Print" crypto out of thin air.
There are many ways of printing crypto out of thin air, one being big exchanges issuing more cryptos than they actually hold. Another being Tether.
Tether is supposed to be the digital equivalent of cash so that you can use it to sellf and buy cryptos without worrying about losing value.
Tether is supposed to keep the underlying USD reserves corresponding to the number of Tethers issued. Now there are two main problems with Tether.
It is speculated that far more Tethers were issued than they have USD in reserve
The USD reserves they have has been invested in high yield investments, specifically Evergrande.
If Evergrande crashes, their reserves will dwindle - far beyond the point where they can fake their way out.
This is why when Evergrande crashes, it is speculated that it will take down the entire crypto space
Agreed! Most Tether "value" is tied to the price of BTC/ETH, etc. which they buy up after they print their car wash tokens. I'd guess over 50% of their "holdings" in fact. Another 20-40% are in Evergrande bonds. They have 10% or less in actual cash.
The flash redemption of Tether last year in December from ~83 to ~65 billion was probably 80% of what was owned outside of their organization. This is when all crypto crashed by 50% as well as the owners of Tether had to sell their BTC/ETH/etc. to pay off the ~20 billion in redemptions. Today, I'd guess less than 10% of all outstanding Tether is privately owned by anybody other than the fraudsters running the scam today. You can see the recent pullback of almost EXACTLY 1 billion redeemed Tether this month. Some insiders got the Evergrande tip no doubt.
Thanks for this post fren.