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Basically no reason to own something that has such counterparty risk. Just like there is no reason to own non-dollar fiat currency. It has the risk of the dollar in addition to the risk of whatever country.
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Basically no reason to own something that has such counterparty risk. Just like there is no reason to own non-dollar fiat currency. It has the risk of the dollar in addition to the risk of whatever country.
What if the US T-Bills are backed-up buy sound money like Gold and Bitcoins?