step 1: when demand for stablecoin grows, issue more stablecoin to buy volcoin step 2: stablecoin price then stays stable, volcoin price goes up step 3: ...

Michael Saylor
@saylor
03-14
A Simple Theory of Digital Credit:
1. Acquire a large pool of appreciating capital ($BTC).
2. Issue credit ($STRC) against that capital, overcollateralized by the equity base.
3. Monetize a portion of the appreciation—directly or via derivatives ($MSTR)—to fund the dividend.
Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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