vikipiki on Nostr: Tether is the greatest business in the world. You give them dollars. They give you ...
Tether is the greatest business in the world.
You give them dollars.
They give you Tether tokens which are essentially entries in a database.
They use your dollars to buy US bonds yielding 5%.
They use the yield to buy #bitcoin for their balance sheet.
Published at
2024-05-03 09:50:05Event JSON
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"tags": [
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"content": "Tether is the greatest business in the world.\nYou give them dollars.\nThey give you Tether tokens which are essentially entries in a database.\nThey use your dollars to buy US bonds yielding 5%.\nThey use the yield to buy #bitcoin for their balance sheet.",
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