I think he does reasonable analysis about Tether being a fraud that’s inflating the value of other crypto currencies like Bitcoin. I don’t know of a refutation of these claims. I also thought the pro-crypto quotes from prominent Silicon Valley Startups and Rationality type people were notable.
See also patio11’s article on Tether being a huge fraud:
And Matt Levine:
If someone knows a detailed article that makes a reasonable attempt at a counter-argument to these articles, I’d be interested. If that doesn’t exist, I think that says a lot (note: I haven’t really looked; crypto is not a focus for me). Or put another way, if you don’t know of such an article, you definitely shouldn’t buy/own crypto (and if you do know one, you should expose it to criticism before buying/owning crypto).
Also, the article dates (two in 2019) are notable. What, if anything, was refuted within, say, a month of publication? If most or all of this was not refuted, then what have people been doing buying so much Tether and otherwise getting involved with crypto after this information was publicly explained?