As with any good (and especially "currency"), it's only worth 1 USD as long as s... | Hacker News

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		tos1 3 months ago \| parent \| context \| favorite \| on: Tether is now the 17th largest holder of US debt As with any good (and especially "currency"), it's only worth 1 USD as long as somebody (including the issuing company) is willing to give you 1 USD for it. Even if it is "linked", "pegged" or called something else.

tock 3 months ago [–]

I mean sure. Your logic applies to plain treasury bonds as well.

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