Wendals87

Wendals87 t1_iyd1hsc wrote

do you have any source for the lawsuits and people aren't able to redeem USDT?

Their asset backings are calculated monthly and available on their website

https://tether.to/en/transparency/#reports

I can see a lawsuit against them and a court order for them to produce a full report, but I can't see anywhere that they have failed to produce it

This year they did 16 billion dollars in redemptions without a big impact to the peg

https://www.reuters.com/technology/stablecoin-tethers-reserves-fall-by-16-billion-second-quarter-2022-08-19/

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Wendals87 OP t1_ivlp8hu wrote

my guess is that they used a CEX, in which case the authorities were able to get access (with a warrant and all the legal requirements met)

Its like your password to your phone. They can't force you to give it up, but if they find it by other means or offer you a deal they can get access

If they had it in self custody and the seed phrase was never given up, they couldn't get access BUT it would be watched for any movement and they would catch them at any point they made a mistake

They wouldn't be able to spend it

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Wendals87 t1_iu6ivwp wrote

The human mind can do some crazy things to make something that is not actually there, seem really real. Especially if you have seen or heard about other people experiencing the same thing (even if just in a movie or fictional)

I am very sceptical of anything supernatural and there is always a scientific, non supernatural explanation behind everything (even if we don't know what that is yet)

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Wendals87 t1_itpuju3 wrote

I understand your point and it's hard to know what it is about based on adverts only. I guess this where the saying, Don't judge a book by its cover " comes from

It's all about appealing to the most people as quickly and cheaply as possible, without drowning in too much information. I am no marketer, but I know that advertising firms don't charge big dollars for no reason. They know what sells the most and unfortunately it cant work for everyone

>On Thursday morning, the world was destroyed. Best get a towel."

>In Regency England, can love really cross classes?"

>"When the state makes truth fiction, what can you know?"

If I have never heard of, or read those books, those lines mean nothing to me. It gives me no information about what the book is about, characters etc.

A quick "this book is great!" doesn't either, but I can gather that someone at least the review found it good!

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Wendals87 t1_itpomfd wrote

there isn't much room on the front cover (a little more on the back but still not much) after doing the cover art and title. They can squeeze in short quotes from reviewers to give a very quick idea on the reviews but not enough room for a more detailed description.

For actual adverts, it needs to be short, sharp and to the point. Not many people would watch an advert where it had a small wall of text that explained what it was about. For most people, the cover artwork, title and a quick one sentence positive can capture their attention and they can then read the blurb in the book or look up more information about it

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Wendals87 t1_iquh82y wrote

I swear i sent you the cheque on the mail!

I'll transfer the money on my pay day I swear

I'm just waiting for my inheritances money to come through

You see i was on my way to the bank to deposit the money and I got ambushed by a bunch of terrorist ninjas

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