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12 sats \ 0 replies \ @standardcrypto OP 7h \ parent \ on: MSTR wants to be the largest shareholder in the 3rd Bank of the US (BOUSA3) bitcoin
pretty much the same way it worked on gold:
https://en.m.wikipedia.org/wiki/Second_Bank_of_the_United_States
it's just a bank with a bit of branding at the end of the day. people trust the government enough to loan it money, or maybe they don't. it goes like it goes.