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If you want ease of transfer and liquidity then you are kind of back to a bank demand deposit, no? Why go the extra steps? If you want to transfer treasuries,
by RandomLensman 3y ago
If you want ease of transfer and liquidity then you are kind of back to a bank demand deposit, no? Why go the extra steps?
If you want to transfer treasuries, that can be done, too.
- somethingsidont 3y agoI mean conceptually this is just VUSXX (with a lower interest rate probably), but you can buy something online with it through a PayPal checkout page, or send it to a friend through the PayPal app, or send it across borders in seconds. I do think that has value from an ease-of-use standpoint.
- RandomLensman 3y agoFeels quite similar to normal banking products, but I suppose retail banking in the US is so poor, that it might already be an advantage there.