Author

Topic: Project proposal, building an alternative to Tether as hedging service (Read 131 times)

sr. member
Activity: 1470
Merit: 325
this projects goal, need among others

1. a web developer,

2. some marketing

3. some work in the legel environment in offshore regions

4. blockchain

5. archiving

tether2 would be basically a tether clone with different parameters, different people different banks that store the fiat currency of the customers,

this way risk becomes decentralised away from tether LTD. which holds currently 1 billion USD

regards
sr. member
Activity: 1470
Merit: 325
tether has currently 1 billion USDollar in theoretic reserves of many people that trust them

this is a vast recentralisation of risk that could serious damage cryptoeconomics,

many people in this forum wrote about their uncomfort with tether, and many news articles have been written about this

are there people interested here building an alternative to tether so people can hedge better their Blockchain US dollar reserves?

this is a very good business model, stable and secure with low risk (basically creation of a tether clone as corporation)

pm me if you are interested

regards
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