The Peg

The Peg

Pegged: Tether owns 210,000 cows (and just as many sheep)

Tether’s head of special projects, Juan Sartori, tells the Plan B Forum that the company is stockpiling the resources it needs to survive whatever catastrophe humanity might face.

Izabella Kaminska's avatar
Izabella Kaminska
Oct 26, 2026
∙ Paid
brown and white cow on green grass field during daytime
Photo by Daniel Quiceno M on Unsplash

Editorial Hello

Welcome to Day 3 of the great AI-assistance experiment. Today’s workflows were, in part, a huge success and, in part, a total disaster. I’ve been tinkering most of the day to fix the unfortunate self-referencing bug that somehow emerged — something that has given me some useful insight into what it must feel like to be a developer. Or so I would like to think.

Beyond that, Liz Truss’s new book “Bank Job” is worth a quick mention. It has drawn a flurry of brutal reviews. I’m not sure how much of that is fair criticism, so I’ve decided to read the book first before commenting further.

Meanwhile, for a flavour of what went down in Lugano this weekend at Tether’s Plan B forum, check out the official X feed here:

X avatar for @LuganoPlanB
Lugano Plan ₿@LuganoPlanB
Day 2 of Plan ₿ Forum 2026 in 60 seconds 🧡 Saturday 24 October, Palazzo dei Congressi, Lugano: 73 speakers on 5 stages and a drone show over the lake. Two days, 121 speakers: every city needs a Plan ₿. Next stop: El Salvador, 29–30 January 2027 👇 planb.sv …
6:50 PM · Oct 24, 2026 · 4.53K Views

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