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For what it's worth, some countries also offer "lottery bonds": https://en.wikipedia.org/wiki/Lottery_bond https://en.wikipedia.org/wiki/Lottery_bond
by kgwgk 2y ago
For what it's worth, some countries also offer "lottery bonds": https://en.wikipedia.org/wiki/Lottery_bond https://en.wikipedia.org/wiki/Lottery_bond
- multjoy 2y agoIn the UK, those are Premium Bonds backed by HM Government. The day that they can't be redeemed is the day you have significantly bigger problems.
- wat10000 2y agoYotta’s funds were backed by the US government. The trouble is that the link between Yotta’s funds and Yotta’s customers’ funds was somewhat more tenuous than they implied.