yeah so 70% of their 82% cash reserves are in treasuries which amounts to about $39 billion (so this is the minimum we can confirm possession of , right?) = $2-2.5 billion a year in interest if my math is right ...

just saying it sounds a lot better than it did in 2017-2020... no ?

Reply to this note

Please Login to reply.

Discussion

It is still not 1:1 backed 100% by USD. That makes it a risk. They peg a shitcoin to the USD (which is a shitcoin) but there is not 100% convertibility.

yeah shitcoin pegged to shitcoin thats it . 🤝

💯 🙂