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201 sats \ 2 replies \ @Undisciplined OP 8 May \ parent \ on: Ideas for Prediction Market Financing econ
The loan is only given because the business has sufficient revenue to pay it back.
The point is that the bitcoin purchased with the loan will be worth more than the amount that has to be repaid.
It’s the same reason Saylor takes loans against Strategy’s software revenue, rather than just buying bitcoin with that revenue.
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38 sats \ 1 reply \ @mega_dreamer 5h
Saylor takes loans against Strategy’s software revenue, rather than just buying bitcoin with that revenue.
This is golden!
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0 sats \ 0 replies \ @optimism 1m
It is if you don't mind leverage. Will only work on a fiat standard though, because on a bitcoin standard, 1sat=1sat.
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