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Nobody sane and honest would keep $232M in cash, however.
by mmastrac 4y ago
Nobody sane and honest would keep $232M in cash, however.
- disambiguation 4y agoHmm https://www.cnbc.com/2021/01/27/apple-q1-cash-hoard-heres-how-much-apple-has-on-hand.html https://www.cnbc.com/2021/01/27/apple-q1-cash-hoard-heres-ho...
- belltaco 4y agoIts not held as actual cash https://www.investopedia.com/ask/answers/06/companycash.asp https://www.investopedia.com/ask/answers/06/companycash.asp http://www.ahead-education.eu/why-apple-sits-on-so-much-cash.html http://www.ahead-education.eu/why-apple-sits-on-so-much-cash...
- Ralo 4y agoNor should they. That's an insecure, single point of failure to have all your cash stolen. Same with storing $232M in BTC on a single HDD. Of course, at the time it wasn't worth anything near that and he wasn't concerned. The point is, BTC should be treated as cash. If you can't handle it yourself, you give it to someone else to secure for you.