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39 sats \ 1 reply \ @optimism 8h \ on: Ideas for Prediction Market Financing econ
Can you elaborate the need for this, since the revenue is arguably in sats?
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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