Is tether on the hook for $80 billion in book value losses

 Hi readers 

I've been doing some investigating into the crypto market and whats going on in China with the property market.

Things are really really bad over there and the government is deliberately letting the market work itself out as opposed to the to big to fail excuse from the western world.

As some of you know property developers issue bonds with a high yield to attract money to purchase there bonds and to fund there expansion. 

This is where it all is starting to get interesting, tether the so called stable coin of the crypto market has close to 70% of its treasury in Chinese property commercial paper.

This has lost close to 85% of its value and while the market doesn't know it yet Tether is a broke asset.

The issue is that 80% of trades are executed with tether by the exchanges world wide and this could become the biggest scam the world has ever seen.

Tether at the present time by the exchanges data is a $80 billion USD treasury yet if the assets are worth 15% of there true value and they have less than $5 billion in cash then the Crypto market will collapse.

As they mint of more tether usually increase the crypto market as that's meant to increase the demand for crypto coins but this hasn't been the case of late.

I strongly urge those of you who have coin's on exchanges to put them on to a hard wallet and take them off as when the shit hits the fan exchanges tend to go down and prices collapse. I'm not worried about prices collapsing I'm more worried about loosing your coins all together as they will become fraudulent purchases.

Those of you who have bought on normal currency exchanges your fine but those who have bought via a tether rout please take your coins off exchanges and into cold storage.

Cold storage devices only cost $100 what have you got to loose, where as exchanges could take all your purchases off you as fraudulent purchases.

You don't think its possible, what happened in Canada ? Why did coinbase freeze all crypto wallets of russians who are American citizens?

 If you read the fine print you give them access to do what they like in an emergency situation.

Its the same with the banks its a promise that your money will be available but once you deposit into the bank that money is the banks. 

Don't believe me read the fine print.

If tether is exposed then the crypto market will go to shit.

Disclosure .. I own 5000 EWT coins and 2,000,000 STMX

As always use the above as an indicator to your own work

I am not a financial advisor, I am a financial astrologer.

The above is based on financial astrology

Ask you financial advisor on more on the above