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by mrinfinitiesx 660 days ago
https://wyoleg.gov/Legislation/2023/SF0127

https://www.wyomingnews.com/news/local_news/gov-mark-gordon-...

interest income generated on the underlying securities will be used to diversify state revenue streams, with capital distributed to Wyoming’s school foundation program.

It'll help the schools etc.

1 comments

So in other words, it directly benefits the state but not the individual.

By buying uninsured "cowboy" tokens, you're basically giving the state a loan at a 0% rate? I bet conspiracy theorists who don't trust government will be all in on this.

Once these conpiracy nuts figure it all out in a few years, this will only further validate their viewpoint.

So I guess the state run lottery just wasn't enough of a rip off.

I really don't know.