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A comment on Binance's books are a black box, filings show, as it tries to rally confidence. Parent comment

Re:Binance's books are a black box, filings show, as it trie... by strangattractor on Monday December 19, 2022 @04:02PM (#34057669)
So our Zimbabewe friend buys bitcoin at $60K and 6 months later has bitcoin worth a third of that. Or he puts it in FTX and has it all disappear. Not seeing how it solves his problem.
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Re:Binance's books are a black box, filings show, as it trie... by maria2 on Monday December 19, 2022 @04:32PM (#34058037)
The friend could have purchased a stablecoin. For instance, as of writing right now, he could have bought USDT and had the same amount of money after 6 months. Obviously, the stability of USDT is rightfully questioned. But the stability of storing many liters of petrol in your house should also be questioned.
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