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140 sats \ 4 replies \ @optimism 8 May \ on: Ideas for Prediction Market Financing econ
Treasury strategy: Take out loans against the revenue generated from all of the above and buy bitcoin: NGU -> repay with a fraction of the bitcoin, NGD -> repay with site revenue.
Can you elaborate the need for this, since the revenue is arguably in sats?
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201 sats \ 3 replies \ @Undisciplined OP 8 May
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 \ 2 replies \ @mega_dreamer 9 May
Saylor takes loans against Strategy’s software revenue, rather than just buying bitcoin with that revenue.
This is golden!
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42 sats \ 1 reply \ @optimism 9 May
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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0 sats \ 0 replies \ @Undisciplined OP 9 May
Correct. I would only do it if I could secure a low-interest business loan.
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