Tether debate and Bit Assets

[Walternut]

It is a very good introduction. It was very helpful to me. It helped me a lot.

[toknormal]

Hello

I have a couple of posts on the Tether debate that may be of interest to this community.

The post was in response to this article on medium (I have responded below with 2 posts citing the fact that the BitAssets basically have a protocol based contractural relationship between the pegged asset holder and the backing collateral, whereas Tether has no contractural relationship at all, neither protocol based nor legally based).

https://medium.com/@MC_Ross1001/controversial-tweeter-bitfinexed-has-been-shadowbanned-on-twitter-1530a066a35e

There is also some discussion on Reddit about it:

https://www.reddit.com/r/Tether/comments/7vz6sp/youve_got_this_all_wrong_the_problem_is_not_with/