Re:What did Bitcoin Core contributors ever do for us?
by trophycase on Sunday July 23, 2017 @05:25PM
(#14834490)
How liquid/easy to trade are these bonds compared to Bitcoin, which I can spend and exchange for USD in minutes?
Re:What did Bitcoin Core contributors ever do for us?
by ForHackernews on Sunday July 23, 2017 @05:36PM
(#14834534)
TIPS are easily traded on secondary markets. In addition, there are multiple TIPS-backed ETFs [0] that trade in extremely high volume. I guarantee you could exchange TIP shares for USD in seconds, not minutes.
[0] http://www.investopedia.com/articles/investing/092215/top-5-...
Re:What did Bitcoin Core contributors ever do for us?
by twblalock on Sunday July 23, 2017 @06:23PM
(#14834734)
You can sell TIPS on the secondary market whenever you want, and you can redeem I-Bonds directly with the treasury after one year. The only delay is the electronic transfer to your bank account from your broker or the treasury.
Inflation-linked government bonds (e.g. https://www.treasurydirect.gov/indiv/products/prod_tips_glan...) are extremely safe, and specifically protect against value lost to inflation.
There are some problems solved by bitcoin, but needing a stable store of value certainly is not one of them.