/biz/ - Business & Finance

>>24423203
The problem is that whatever nodes take up the contract, will require that much collateralization. Not the customers. It very well may be that it's easier (for now) to keep the long ongoing contracts on paper. They just also happen to be the most costly and human intensive...which is the entire point of switching to SCs.

The requestors will still pay in fiat, it was a question of how you float a year long contract that now actually needs assurance/actual money behind it to work. Normally it's just a couple of big banks that are buddy buddy and consider the swaps as theoretical, with no need/trust to establish an actual funded contract like our boolean system requires.