Tether is worth eleventy billion dollars, so people holding them seem to trust the backing to a certain extent. Tether is available on several blockchains, adding another entity one must trust to hold the tether stable coin. Why does tether need a blockchain? Couldn’t they just fork one and run a centralized ledger, since trust is still required? But better, why don’t they just run a cashu mint, and then issue cashu tokens, allowing privacy, speed, and bearer instrument quality to their product?

Remember Barack Obama “didn’t have any scandals.” When you have control of the narrative you can frame the discourse. The question is “who did the thing?” (D) politician -> perfectly normal, why is the “right wing media” *pouncing*? Trump - *obviously* this is (illegal, highly irregular, scandalous, impeachable…) and all you people that voted for this are obviously regretting your decision.