The Ledger

Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.

clear all ✕

why aren't all 11 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 1 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable

Assertion Not checkable as stated
Sachs: Tether is likely solvent despite its reserve composition
“My guess is that Tether is solvent. I don't think it's, it lacks solvency”
David Sacks Oct 16, 2021 ▶ 1:06:34 E51: Supply Chain Shortages, Inflation, DeSantis, Ted Sarandos Netflix Memo, Cancel Culture, Fan Q&A
Prediction Not checkable as stated
Calacanis: CFTC action marks the beginning of the end for Tether
“So I think this is the beginning Of the end, not the end of the beginning.”
Jason Calacanis Oct 16, 2021 ▶ 1:07:29 E51: Supply Chain Shortages, Inflation, DeSantis, Ted Sarandos Netflix Memo, Cancel Culture, Fan Q&A
Opinion
Jason Calacanis calls Tether his fraud of the moment
“I'm not backing off, I just don't want to lose a member of our little quartet here, but I will say that my fraud of the moment, the one that's making my Spidey sense go crazy, is Tether.”
Jason Calacanis Aug 6, 2021 ▶ 1:04:38 E43: Innovative venture strategies, Zymergen's implosion, Square acquires Afterpay & more
Assertion Supported
Armstrong: Tether is not compliant under the US GENIUS Act
“It's not currently compliant under the genius act in the U S and so it doesn't follow those same hundred percent reserves in short term U S treasuries is my understanding.”
Brian Armstrong Jan 23, 2026 ▶ 12:38 Coinbase CEO's Top 3 Crypto Trends for 2026 + More from Davos!
Assertion Not checkable as stated
Chamath: Tether is the most important net new buyer driving gold surge
“Gold is up because there are many more net new buyers. Who is the most important net new buyer? It's Tether. Tether has been issuing a stable coin called Tether Gold, where they'll actually custody the gold on your behalf, and it's the amount and volumes of it…”
Chamath Palihapitiya Oct 10, 2025 ▶ 1:16:11 Trump Brokers Gaza Peace Deal, National Guard in Chicago, OpenAI/AMD, AI Roundtripping, Gold Rally
Prediction Didn’t hold up
Bo Hines: Tether will be the fourth largest US Treasuries purchaser in 2025
“This year, they'll be the fourth largest purchaser of US treasuries.”
Bo Hines Jul 19, 2025 ▶ 58:26 Trump vs Powell, Solving the Debt Crisis, The $10T AGI Prize, GENIUS Act Becomes Law
Assertion Open · timeframe Nov 2028
Chamath: Tether operates at an over 95% profit margin
“Upwards of more than 95%.”
Chamath Palihapitiya Nov 22, 2025 ▶ 22:32 Epstein Files Fallout, Nvidia Risks, Burry's Bad Bet, Google's Breakthrough, Tether's Boom
Assertion Partly supported
Chamath: 500 million people worldwide use Tether stablecoins
“There are five hundred million people using US dollar backed stablecoins from Tether all around the world, all over Africa, all over Central America, all over Asia, number one.”
Chamath Palihapitiya Nov 22, 2025 ▶ 15:05 Epstein Files Fallout, Nvidia Risks, Burry's Bad Bet, Google's Breakthrough, Tether's Boom
Assertion Supported
Chamath: Tether adds 30 million users per quarter
“His user base is growing by thirty million users a quarter.”
Chamath Palihapitiya Nov 22, 2025 ▶ 15:18 Epstein Files Fallout, Nvidia Risks, Burry's Bad Bet, Google's Breakthrough, Tether's Boom
Opinion
Chamath: Tether should go public in the United States
“Tether should just go public in America and be done with it.”
Chamath Palihapitiya Jun 21, 2025 ▶ 1:46:32 IPOs and SPACs are Back, Mag 7 Showdown, Zuck on Tilt, Apple's Fumble, GENIUS Act passes Senate
Assertion Supported
Sacks: Tether has three years under GENIUS Act to relocate to U.S.
“Tether will under this act will have three years to come on shore. But the bottom line is they will have to operate in the United States.”
David Sacks Jun 21, 2025 ▶ 1:44:22 IPOs and SPACs are Back, Mag 7 Showdown, Zuck on Tilt, Apple's Fumble, GENIUS Act passes Senate
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