Cameron Winklevoss about Tether: Enough to arrange the deck chairs on the Titanic
The community day traders Whalepool said in his Twitter account that no stablon allegedly provided the us $ has provided a report to the full audit. They talked about such coins as TrueUSD (TUSD), Gemini (GUSD), Paxos (PAX) and Circle (USDC). According to critics, these platforms have given the public a certificate confirming the fact of availability of reserves, but does not confirm the conduct of a full audit.
It said Gemini co-founder Cameron Winklevoss. According to him, the day trader accused of the aforementioned platforms, not realizing that they can not pass the audit, why, and was forced to restrict the appraisal process. The winklevoss quipped:
Nevertheless, thank you, Whalepool that they support a long tradition of cryptozoologist when the default position is to release to the public of Amateurs without any knowledge of anything, claiming that they are thoroughly versed in the subject.
Representatives Whalepool stated that Cameron does not understand their idea, and invited him to discuss the ecosystem of cryptocurrency, and also noted that the fight against syndrome FUD (fear, uncertainty and doubt), typical users Tether.
The winklevoss explained that audit stableking no corresponding model financial statements, so they can only rely on a third party that can confirm the veracity of their declarations. He added:
To try to combat the FUD syndrome in relation to the product Issuer unlicensed and concealing the whereabouts of piatogo security — isn’t it the same thing to place on the deck of the Titanic deck chairs? You obviously can’t see the forest for the trees.