Thread - Nostr Hypermedia

I was posting about this in 2020 on the Financial Times website... articles about CALPERS taking risky strategies to close the gap The Legacy Finance guys couldn't comprehend... laughed me out of the chat Cracks in the dam though.... the word is getting out A lot of pre-coiner pension managers will wake up in next 5-10 years We're gonna win

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YS 🫂 yariksychov@nostr.com 1 year ago

There are so many questions. Who holds the keys to Bitcoin? I assume it's either the lender or a multisig (preferably) with a time lock for 4 years. Is there a liquidation in case of a 40% dump? Who gets to keep the profit in case BTC overgrows the amount of the loan? Will bank get the loan + interest back and will give the profit to the borrower? It's an interesting idea.

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