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547 sats \ 2 replies \ @mega_dreamer 8 May \ on: Ideas for Prediction Market Financing econ
Thanks for sharing this, very insightful. A few of the above ideas are being developed already and most of the above will implemented soon.
re: low hanging fruits
Is being tested on daily h2h sports markets.
Multi-options will have auto-close shortly perhaps in the phase 2.
We will also implement auto-close for bitcoin markets in phase 2.
Great advice - we will implement this
Its being developed, will be implemented soon.
Great advise. Perhaps in the phase 2/3.
re: third party support
Not sure about sending our traffic to other website, but we'll give it thought.
Yes, we've thinking about it. Hopefully the community can help us connect with other Bitcoin Business/apps
Coming in phase 2
Can you please help me understand this more. Thanks for all the valuable insight.
The treasury strategy is something like what Saylor did with Microstrategy. He took out loans and purchased bitcoin with the funds.
The idea is that bitcoin appreciates at a faster rate than interest accrues. So, you can repay the loan with less than the amount of bitcoin that was purchased.
Lenders aren’t interested in bitcoin, though. They want to make sure they get paid back, so they’ll only loan as much as can be repaid with the business’ revenue.
The idea is that you can accumulate a Bitcoin stockpile this way. It only makes sense if you expect bitcoin to appreciate faster than the interest rates you can get on a loan.
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I never thought in that direction - sounds like a great strategy.
Thanks for explaining, I get it now.
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