Bitcoin Forum

Economy => Long-term offers => Topic started by: markm on August 28, 2012, 11:53:27 AM



Title: [DS&L] Floating rate secured loans (Digitalis Shorts and Longs)
Post by: markm on August 28, 2012, 11:53:27 AM
The Short+Long baskets described at https://bitcointalk.org/index.php?topic=103699.0 act, in effect, as floating rate secured loans.

I had been looking into other methods of providing secured loans, but this basket system is so simple and elegant and multi-purpose (in that it also acts as a means of shorting or going long in an asset), and makes "debt" so simple and easy to trade and to discover prices, that I am now thinking of just going with these baskets instead of worrying about the other various ideas of how to provide lines of (secured) credit...

-MarkM-