News for hackers. Stuff that matters.
Re:We will not pursue the potential acquisition of FTX by quickthrower2 on Wednesday November 09, 2022 @11:12PM (#33542108)
Liquidity means something though. Think of a bank. If everyone withdraws their funds at the same time they may not have the liquidity to pay out. In order to be able to pay out everyone at the same time, they would need to keep it all uninvested/unlent, and then charge you a banking fee instead of paying you interest on it. So there is a tradeoff there.
Re:We will not pursue the potential acquisition of FTX by lokedhs on Wednesday November 09, 2022 @11:22PM (#33542163)
But banks don't really pay interest anymore, so in some sense I'd expect them to keep it uninvested.
Re:We will not pursue the potential acquisition of FTX by quickthrower2 on Thursday November 10, 2022 @01:01AM (#33542847)
They have fixed costs though