Lashi.shota on Nostr: You can hypothecate and issue IOUs, these IOUs can have value if the market is liquid ...
You can hypothecate and issue IOUs, these IOUs can have value if the market is liquid enough between other parties, therefore your gold has value when you settle in the book balance or redeem the IOUs with gold.
Published at
2024-09-04 04:09:01Event JSON
{
"id": "bc483a254b3a14445ff51602957dca274c02a0087f5e877d4a5805b652915f47",
"pubkey": "e381fcbd545a1ce6b294ca23d0a3ad4b85fa6f6e2094b4685ea91204385e1825",
"created_at": 1725422941,
"kind": 1,
"tags": [
[
"e",
"2a856e9390b4610e27c355e875c3b9694f8e8a880c0ab306b3a30b798d4cfc3f",
"",
"root"
],
[
"p",
"c1e9ab3a56a2ab6ca4bebf44ea64b2fda40ac6311e886ba86b4652169cb56b43"
]
],
"content": "You can hypothecate and issue IOUs, these IOUs can have value if the market is liquid enough between other parties, therefore your gold has value when you settle in the book balance or redeem the IOUs with gold.\n\n",
"sig": "a65a5fa6a8706e4a1d8fc064f150bd1df23410407a45af93e9587bcdced55a70b73c873ba419e5ae8c22c4f340846b576aa3af3aa01dce10a70387f7d16f2c7c"
}
