Crypto Biz: You can’t stop the Tether FUD

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Tether FUD and Instagram NFTs. It's time for another Crypto Biz newsletter. See what's inside this week!

and not worth pursuing as investments. “I mean, with the exception of, I would say, a few dozen tokens, everything else that has been mentioned is either noise or, frankly, is just gonna go away,” he told the Monetary Authority of Singapore’s Green Shots Seminar. I think most investors would agree that most crypto projects don’t have a future.

The problem is agreeing on which projects outside of Bitcoin and Ether are not junk.Crypto winter is starting to look like a crypto deep freeze as Bitcoin, Ether and altcoins all plunged this week.

 

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If you think of the WSJ as a reliable source of information, you have my pity.

Don't understand what they are trying to achieve. It's probably the work of Tether's competitors.

All this guesswork about Tether reserves bores me. There are documents proving this token is backed up. I don't understand what else you want.

The WSJ just wrote another FUD about Tether. Nothing new.

One more decent Tether reaction to FUD.

the headline is true. no matter what tether does, there still will be people who spread baseless fud about it

It was a disinformation campaign by Circle who paid WSJ for this article. Despite all the FUD around Tether, people trust it and use it. Unlike USDC, which increases fake volume but people still don't use it.

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