I fully agree with what's been said in this video and on my part I would like to add that, Tether is not only a way of bypassing the USA regulations, but, as a matter of fact, it is a stealth way of printing dollars. (Which is a grave sin in the eyes of money masters.) Because markets always trade perceptions as suppose to trading the underlying real stuff.
I also strongly encourage everyone to follow the Bitfinex'ed Twitter feed https://twitter.com/Bitfinexed
Finally, here is the guy, who made this video: https://steemit.com/@cryptovestor