December 12, 2022· 50 min

This Is What We Know About How Tether Works

Orality
Model
84%
Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostTracy Alloway(2,002 words)
M:29%
HostJoe Weisenthal(1,754 words)
M:29%
GuestBennett Tomlin(4,617 words)
M:27%

Oral Indicators

Agonistic29%
completely, clearly, literally
Engagement43%
you, our, your
Memory Aids100%
listen, like, right
Repetition100%
tether (121x), like (112x), they (79x)
Parallelism98%
And I'm Tracy Alloway...., But on some level, I don't thi..., So I have previously described...
Sound Patterns50%
46 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases6%
you know what, i mean, so to speak

Literate Indicators

Hedging10%
may, perhaps, could
Passive Voice18%
is supposed, is supposed, be backed
Abstract Nouns17%
investment, community, business
Subordination6%
because, until, though
Sentence Length54%
Avg: 18.4 words/sentence
Word Complexity50%
investment, analyze, anticipate
Academic Markers3%
according to
Impersonal Style57%
399 personal pronouns found
Descriptive Style94%
apply, really, completely

Description

2022 has seen numerous crypto disasters, most notably FTX. Also the price of most coins has tumbled massively. One coin that's done fine is the stablecoin Tether, which is interesting, because its had so many naysayers for so long. There are even hedge funds who have bet on its implosion. But what is Tether? How does it work? And where does it come from? On this episode of the podcast, we speak with Bennett Tomlin, co-host of the Crypto Critics' Corner podcast, who has an encyclopedic knowledge about the company. He walks us through what we know about the entity, and its relationship with other entities in crypto. See omnystudio.com/listener for privacy information.