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Should be more highly rated than government bonds... wait, what? In no way would you ever say that a government is less secure than Facebook. I predict that no
by chris_wot 7y ago
Should be more highly rated than government bonds... wait, what? In no way would you ever say that a government is less secure than Facebook.
I predict that not only aren’t governments worried, but they will crack down hard on Facebook. In fact, if it ever happens I will personally write to the Australian Consumer Competition Council and ask them to make sure they don’t try third line forcing (forcing people to only pay with Libra-bucks or what they are called). EBay and PayPal tried that, and got smacked down very quickly.
- mikekchar 7y agoSome government bonds. For example Argentina's government bonds are currently rated B/B2.