Sometimes I have to play in the fiat sandbox
Banker told me today they consider bitcoin on the asset side of a balance sheet worth zero.
Discussion
Sucks to be them. Poor dinosaurs.
In that case, do they also consider a debt of Bitcoin to be worth zero in the liability column?
If so, there’s probably an unexplored opportunity here.
Good! If bankers were pushing it, I’d think something was up 😜
Did you ask them about how they consider their 99% of unreserved fiat on a balance sheet?
Wow 😮
Tell hime to send you one for free then.
What are their bonds marked at???