GUISE GUISE GUISE! Hear me out!

[Anonymous No.56798754]

A CDO - but for Bitcoin!
A BITCOIN CDO!

[Anonymous No.56798769]

>>56798754
good idea, so who are you gonna get to underwrite it? You are friends with the executives of a major multinational bank, right? Or have enough bitcoin (minimum eight figures in USD) to make it interesting enough to underwrite?

[Anonymous No.56798789]

>>56798769
I know that guy at JPM. Got arrested and convicted for commodity manipulation. Maybe he can help.

[Anonymous No.56798821]

There’s not really any such thing as unsecured lending in crypto, that’s not really possible I think at least in the standard definition of CDO, as a CDO implies structured credit risk

[Anonymous No.56798839]

>>56798821
You are wrong.

[Anonymous No.56798900]

Guess my idea came two years too late.

[Anonymous No.56798902]

>>56798839
Correct you can profit off of margin loans, which are generally partially cash secured though and automatically liquidated, that already exists though in the form of yield pools.

It says right in your picture though that it requires collateral, that is secured lending, you post collateral you get funds. You don’t pay and you lose collateral

[Anonymous No.56798920]

>>56798902
You could argue if SHIB really is "collateral".

[Anonymous No.56798956]

Imagine lending out your BTC for SHIB. Who the fuck would do that?

[Anonymous No.56798961]

>>56798920
I fully agree with that point, I think automating quality collateral pricing will be a huge piece of the puzzle once crypto matures. Yield pool-as-a-money market fund is definitely the future at some point.

[Anonymous No.56798977]

>>56798961
So you need debt insurance, don't you?

[Anonymous No.56799032]

Nice. Going to short that bullshit.

[Anonymous No.56800195]

I placed the bet.