This one weird trick will stop you from ever having a bank run!! (never let anyone redeem) – Crypto Critics' Corner
In this episode, Bennett and Cas discuss the confusing concept of what a "Tether redemption" would look like: an ever-shifting definition built on a stablecoin with an ever-shifting definition of what 1-1 backed by traditional fiat currency means.
Though we haven't seen an actual Tether redemption shown on Twitter, or otherwise, for the world to see, we look forward to someone coming forward with one shortly!
In this episode Cas and I discuss what is a Tether redemption, what’s a Bitfinex redemption, and why all this talk about redemptions even matters.
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