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What if they dumped it into STRC?

Lock in 11.5% on that pile of shit

89 sats \ 2 replies \ @freetx 2 May

Perhaps a safer bet would be for Berkshire to simply create its own stablecoin. Its already buying treasuries with its cash pile, so buying treasuries and issuing a stablecoin against it would allow it to earn same amount of passive income from underlying treasuries....with the benefit that they could earn a secondary income stream on the stablecoin it issued (ie. make overcollateralized loans in defi).

Obviously shouldn't do that with 100% of their cash pile, but it seems to me some type of similar strategy will soon become the norm as it creates a greater-than-treasury income potential with about the same risk profile.

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Yes, but it wouldn't trigger Den quite as much

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that's all you're after, huh. You think I'm fueled by anger and frustration?!

Yeah, probably right -.-

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that'd be some sweet, vindication. I'd turn Saylorboi simply for the mainstream media headlines of that

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