#873 Is Tether Actually Backed By Real Money? w/ Paolo Ardoino

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 20 March 2022

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Paolo Ardoino is the CTO of Tether and Bitfinex. In this conversation, we discuss some of the controversial rumors around Tether, it's backing to the U.S. dollar, how Tether is audited and how Paolo is working to push the industry forward. ======================= Fundrise is the largest direct-to-investor real estate investment platform out there, giving you the opportunity to achieve upside of an asset class previously reserved for institutions and high net worth individuals. That’s right, Fundrise is making high-end private market real estate investing accessible to everyone via an easy-to-use, automated platform. See for yourself how over 190,000 investors have built a better portfolio with private real estate. It takes just a few minutes to get started with as little as $10. Go to http://Fundrise.com/Pomp today and, for a limited time, get $10 when you place your first investment. That’s Fundrise.com/Pomp ======================= The Pod Pro Cover by Eight Sleep is the most advanced solution on the market for thermoregulation. It pairs dynamic cooling and heating with biometric tracking. Go to https://www.eightsleep.com/Pomp to check out the Pod Pro Cover and save $150 at checkout. Eight Sleep currently ships within the USA, Canada, and the UK. ======================= Since 2018 Copper has been at the forefront of institutional digital asset development. From award winning custody solutions, to creating the first truly off-exchange settlement function, Copper pioneers technology, products, and services, in lock-step with a rapidly changing world. No other infrastructure provider covers as many assets, across as many exchanges, with the speed and security that Copper can offer. To learn how Copper helps the world’s largest institutional investors secure their digital assets, head over to copper.co Copper - the unfair advantage. =======================

Transcript

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0:00.0	What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp
0:07.4	podcast, simply the best podcast out there. Now let's kick this thing off. Pollo Ardoino is the CTO at both
0:14.8	Bitfinex and Tether. In this conversation, we talk about Tether, whether it's backed, how it's audited, what all of the rumors around Tether, what's true, and what's not.
0:25.3	I really enjoyed this conversation with Paulo, and I hope that you do as well.
0:29.5	Before we get in this episode, though, I want to quickly talk about our sponsors.
0:32.8	Today's episode is brought to you by Fundrise.
0:35.0	You all know I believe that the best investors both understand and seek out extreme asymmetry. Fundrise is here to help you do just that.
0:41.8	It's the largest direct-to-investor real estate investment platform out there, giving you the
0:45.7	opportunity to achieve upside of an asset class previously reserved for institutions and high-net-worth
0:50.3	individuals. That's right, Fundrise is making high-end private market real estate investing
0:55.5	accessible to everyone via an easy-to-use automated platform. It's 1 million users already know
1:00.9	that the investment with Fundrise is capable of producing strong appreciation returns and income
1:05.3	generation while helping to stabilize a diversified portfolio. That's more important now than ever
1:10.0	in our inflationary
1:10.9	environment. See for yourself how over 190,000 other investors have built a better portfolio
1:16.0	with private real estate. It takes just a few minutes to get started with as little as $10.
1:20.9	Go to fundrise.com slash pomp today. And for a limited time, you'll get $10 when you place your
1:26.3	first investment. Again, that's
1:27.9	fundrise.com slash pomp. Go check it out and when you make your first investment, they'll give you
1:33.0	$10 on top of it. Fundrise.com slash pomp. This episode is brought to you by 8 Sleep.
1:39.3	Eight Sleep is the single best product that I have purchased over the last three years. It completely
1:43.9	changed my life.
	...

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