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0 sats \ 4 replies \ @bitcoingraffiti 5 Jul \ parent \ on: Mefo bills -- Hitler's yield farming stablecoin bitcoin
I highly doubt this. You have a source on this? If I was a bond holder I'd be extremely concerned if not outright infuriated if the maturity date on my bond wasn't met. This would rugpull the entire market. I'd say the time 'they weren't' was the time the maturity was first postponed.
How would you feel if you made such an investment and they'd announce the postponement? I'd immediately know it was a scam from that point on.
You have a source on this?
'The company's "Mefo bills" served as bills of exchange, convertible into Reichsmark upon request.'
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I just read off the AI that the shortest duration was 5 years and they basically forced the creditors over into long maturity government bonds at lower rates. So in 1939 the first mefos came due and Schacht got fired and replaced by a more compliant nazi.
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You need to be innovative, bold, sly and lucky to get off the centuries old noose of Jewish debt slavery...
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'The company's "Mefo bills" served as bills of exchange, convertible into Reichsmark upon request.'
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