Why Nostr? What is Njump?
2023-06-03 15:33:54
in reply to

Brent on Nostr: Perhaps that's true (only portion of profits). It does appear their majority of usd ...

Perhaps that's true (only portion of profits). It does appear their majority of usd backing is us treasuries. Similar to the recent bank collapses, if a flood of redemptions occur, would they have to sell tbills at a loss to cover?
Author Public Key
npub18mszc492kns4m58vepn4xfa36z9xwra5ufrw4e78gcefk2a20z8qktr3sc