Re:Tether Withdrawals Top $10B
by charcircuit on Tuesday May 24, 2022 @03:26PM
(#31496486)
>And then that person could say that they hold $1M dollars
You don't own $1M dollars, you own debt which is an asset. Considering you just bought it for $500k it sounds like the market price for that debt is $500k.
You don't own $1M dollars, you own debt which is an asset. Considering you just bought it for $500k it sounds like the market price for that debt is $500k.