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Coming UnTethered

Tether may or may not be backed by dollars, but nobody seems to care anymore.

Patrick Tan
8 min readNov 7, 2019
Money takes on a different form from this perspective. (Photo by Matthew Ansley on Unsplash)

John Wilson was hot and there was no escaping the heat. It didn’t matter if you stood up, it didn’t matter if you sat down. Like a rabid dog, hounding your every movement, the heat was just one step away from finishing you off.

It didn’t matter how much water you drank, you were always dehydrated. Sweat covered you when you lay in your cot, sweat smothered you when you were out in the yard and sweat shrouded you when you were in the dining room.

Sweat. That was the one inescapable prison within a prison.

To say that Wilson had a troubled childhood was like saying Charles Manson had some minor mental health issues.

Living under the whip of an abusive, alcoholic father, Wilson had run away from home four times by the age of 10. By 14 he had been in and out of foster homes so many times that he didn’t even bother to unpack each time he arrived at his new digs.

By 16, he had already been in and out of juvenile detention so many times that the wardens didn’t even bother to ask him what he was in for anymore.

And by the age of 20, had spent the better part of his life in some form of incarceration or other till the point where he knew no…

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Patrick Tan
Patrick Tan

Written by Patrick Tan

General Counsel for ChainArgos, the blockchain intelligence firm made famous for breaking the story that BUSD was unbacked by US$1.4bn

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