For everyone who hates Xitter and Elmo who also refuses to use his own money to help pay Xitter for his own not “free speech”.
I am always grateful for the selfless folks doing all the heavy lifting and choose to share their 10,000 hours of their extremely valuable time and thousands of $$$$ to build their own extremely valuable databases so that they can do the scholarly research that the “news media” can’t or won’t do for us.
All props go to the anonymous excellent hard working researcher known as TruthLabs @BoringSleuth.
How was Tether Created? @BoringSleuth
Reproduced here authored by @BoringSleuth for the general public who wants to know this but doesn’t know where to go to find it, now you do.
https://twitter.com/BoringSleuth/status/1711591262719988008
According to LinkedIn, these are the profiles associated with the creation of Tether. They work for Prometheum, #Ambisafe, #Chainsafe, the Ethereum Foundation among others.
Tether was created by #Ambisafe Operations, who is deeply associated with Tether, Ethereum Foundation, #Chainsafe, #Swissborg 👀, & #Consensys among many other now defunct ex-ICO’s.
https://twitter.com/BoringSleuth/status/1711591262719988008/photo/2
They are a one-stop shop if you are looking to create a Crypto Company. Say for instance, you know nothing, but are okay being the face of a company who’s got the financial backing of the CCP.
TruthLabs @BoringSleuth Apr 30
I became curious of Twitters involvement in Pump and Dump NFT’s and Shvtcoins after participating in the Crypto/NFT space since 2020. That lead me to look into their known wallet address and post just a couple nuggets. Here is one:
https://twitter.com/BoringSleuth/status/1652880895748218880
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October 2018
Puerto Rico’s Noble Bank International, which is known for reportedly opening accounts for USD-backed token Tether and crypto exchange Bitfinex, is allegedly searching for a buyer.
Back in 2017, U.S.. bank Wells Fargo dropped Tether and Bitfinex
https://cointelegraph.com/news/bloomberg-puerto-ricos-noble-bank-reportedly-loses-clients-tether-bitfinex-seeks-buyer
https://www.cnbc.com/2018/02/02/making-a-crypto-utopia-in-puerto-rico.html
The original article reads as follows:
http://caribbeanbusiness.com/puerto-rico-to-have-first-cryptocurrency-bank/
Puerto Rico to have first cryptocurrency bank By Eva Lloréns Vélez on February 12, 2018 SAN JUAN – Real estate developer Nicholas Prouty said a cryptocurrency bank may start operating in a year in Puerto Rico, which will also create the cash reserve needed to back Tether, a coin that was designed to create stability in the virtual coin market. A “stable coin” is one that is pegged to an item that has real value. Tether is pegged to the U.S. dollar. While there are about $2.3 billion held in Tether, there was speculation that the cash reserve to back the Tether coins that had been issued may not be there. Tether reportedly may be responsible for artificially driving up the price of Bitcoin, leading up to its recent plunge when reports surfaced that the bank reserve to back the number of Tether coins issued was not there. Tether is used by crypto-to-crypto exchanges as it allows them to price crypto- assets in U.S. dollars without having to maintain or own U.S. bank accounts. During the annual Puerto Rico Investment Summit, Prouty confirmed the truth of the claim about the lack of a bank reserve, noting the bank Tether officials were working with opted to back out of the deal to avoid liability. He said Tether officials needed to purchase a bank to obtain “the capital infusion from a sovereign wealth fund to create the initial reserve. It will begin banking crypto soon. After speaking with these guys, it should take about a year before this bank can replace some lenders as a large financing entity for the Puerto Rican market.” He said he now believes the new bank will make it interesting to participate in “targeted aspects of real-estate acquisitions and development,” and cause real-estate prices to rise.
Bitcoin Fixes all This
explains how loans from the IMF/World Bank don’t alleviate, but rather exacerbate poverty.
https://www.youtube.com/watch?v=WSv8cWzo8kk