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I really want to have much more exposure in BTC but

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the only thing that keeps me from doing this is Tether.

We all have learned (the hard way, for some) that this industry is filled with so many bad actors.

I don't think I need to recite all those names that have been putting in jail or those that are in the process during these last couple of years. Not to mention daily hack/exploited.

The fact that BTC mostly trade against USDT really make me uncomfortable. I am not here for FUDing Tether, it has been receiving it fair share of FUD from a lot of people already.

I am here to ask how you guys who allocate a significant portion of your net worth in BTC cope with the thought of USDT might one day reveal that they only 50% or less to back their USDT issuance? Does this not bother you at all? or just simply the thought 1 BTC = 1 BTC nothing else matter?

submitted by /u/Fatalbringer
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