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0 sats \ 2 replies \ @k00b OP 19 Nov 2021 \ parent \ on: Bitcoin Interest Rates bitcoin
I get it more now! Thank you! I think what’s hard to understand about it is these systems aren’t very closed - there is a lot of complexity they’re abstracting away, so even if I understand the instrument I don’t understand what’s underneath entirely.
Yeah the key is that you need an active market to come to a consensus on some of these things like a yield curve. So while dogecoin might have an agreed market price, there may not be enough activity in something like a 8-hour swap to come to a standard rate.
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I see so he’s pointing a finger at the maturity of Bitcoin as an asset.
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