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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.
Yes, but it wouldn't trigger Den quite as much
that's all you're after, huh. You think I'm fueled by anger and frustration?!
Yeah, probably right -.-
that'd be some sweet, vindication. I'd turn Saylorboi simply for the mainstream media headlines of that
What if they dumped it into STRC?
Lock in 11.5% on that pile of shit