Going Short

@esna7
This page shows a history of monthly attestations by accreditated third party auditors of Paxos' vaulted gold in London.
https://www.paxos.com/paxg-transparency

@esna7 I didn't necessarily mean personally auditable by an individual, but by whatever means companies perform third party audits. In the same way that something like a precious metal depository would have it done.

@Nebuchadnezzar_II Yea I don't know specific companies off-hand, but I do know it exists. And actually was thinking of tether as one that doesn't do it right. I don't know for sure as I have nothing to do with tether, but I hear it mentioned quite often that their 'audits' are quite sus.

@nemesis tether is sus all over. Its been implicated in long term manipulation of the bitcoin markets. My suspicion is that tether is what made crypto happen, and they did it to make sure it was controlled, and that existing powers would benefit covertly rather than random plebs.

"The arc of circling bodies is determined by the length of their tether, said the judge. Moons, coins, men." - Blood Meridian, McCarthy 1992

It is my belief that certain ultra far out fiction is used to prove that certain events were always planned in advance. Take covid and Han Song's Hospital as another example. Michael Jackson and 9.11. Simpsons and Trump.

@Nebuchadnezzar_II Oh yea I have nothing good to say about tether, especially now that its being used to prop up the dollar (GENIUS Act) and essentially trap people all over the world into helping that cause. They will benefit from the war machine immensely. They more nations get bombed and their currencies crash, the more people will start using tether and other dollar backed stable coins. Thus financing the wars that put them in these horrible situations to begin with.

@nemesis thats fucked, but not surprising :/