Poker Pro Doug Polk: 'We Need to Talk About Tether and Bitfinex'

Written by:
C Costigan
Published on:
Feb/01/2018

Bloomberg is reporting that Bitfinex has been subpoenaed by U.S. regulators. This is all regarding Tether, which is claimed to be pegged to the U.S. Dollar. Apparently this subpoena was actually issued on December 6th, but we're just hearing about it today.

This news has caused a lot of panic, as speculation has been building for months that Tether may be a house of cards waiting to fall.

How concerned about this should we be?

Poker pro Doug Polk offers his input.

He also refers to the cryptocurrency Litecoin as "beautiful".

"I have decided to sell all of mine because its potential is uncapped," he says.  "Litecoin can be worth a million dollars one day."

Video News News

Bookie Software for Dummies

One of the best bookie software for dummies in the industry is AcePerHead.com. They provide a service for bookies of any size throughout the world, and at an easy-to-understand price structure that starts at just $3 per active player per week. 

Own Your Own White Label Bitcoin Site for Bookies

If you are an independent sports bookmaker trying to build a year round business with multiple stream of revenue, then you best course of action is to find a Pay Per Head site that can provide you with the best online gambling software to handle a number of different internet betting applications.

CFP Championship Game Betting Preview 2024

America loves an underdog story, but the majority of the United States is rooting against the “dogs” (Washington Huskies) in Monday’s CFP National Championship game.  Michigan has been hovering between a -4 and -4.5 favorite.

Syndicate

Subscribe to Syndicate
More