Exposing Tether - Bitcoin's Biggest Secret

Caption notes

In this 2021 video, Coffeezilla uses Tether to raise two questions about stablecoin reserve disclosures. How much can a statement checking a balance at one point in time establish? What assets count as reserves in the disclosure? He starts with the early one-to-one backing claim, then contrasts the balance attestations and the breakdown of reserve assets he discusses, which address different questions.