Monday, December 04, 2017 7:47:29 PM
USDT traded $800 million USD equivalents in BTC etc today, so I assume you will admit that is very liquid?
This, from their 2nd Quarter is also not assumption.
Cash and Cash Equivalents
Cash and cash equivalents consist of cash and short term deposits with original maturities of three months or
less when purchased. As June 30, 2017, cash and cash equivalents consists of cash, digital cash and cash in
trust. Digital cash for June 30 2017 is made up of Altcoin (COIN: ALT), Tether (COIN: USDT) and Bitcoin
(COIN:BTC) but does not include the vast majority of various coins created by the company due to their low
cost bases and illiquidity.
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