News for hackers. Stuff that matters.

A comment on What did Bitcoin Core contributors ever do for us?. Parent comment

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?
[ Parent | on HN ]
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-...

[ Parent | on HN ]
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.
[ Parent | on HN ]