Dear crypto traders and investors
I just want to point to an important point about USDT(tether)
https://coinmarketcap.com/currencies/tether/
USDT market cap was
$61.247.792 on 15th May 2017
and now it is
$452.771.404 on 30th Oct 2017
USDT Circulating Supply is increased 7,4 times
Normally this is a good thing for crypto world
but if all USDT is %100 reserved with FIAT
If USDT is not %100 reserved with FIAT then
in future we will see an exploding balloon on USDT
One day when you wake up you can see all your USDT = 0$
Maybe I am wrong but I am just a skeptical person
This is why I am warning
SOLUTION
You can protect yourself with bitUSD
it is always equal to $1 mathematically
because all bitUSD created with minimum $2 worth of bitshares(BTS)
If value of BTS decreased then bitUSD borrower need to deposit more BTS
It shows us bitUSD is %100 trustuble crypto USD
You can watch this video to understand how you can create bitUSD
Thanks for reading...
