It's time for a radical system overhaul!
A structured product is only as good as the balance sheet backing it, and in legacy markets that means opacity and credit risk.
Christian Pagano, our Head of Markets, explains how verifiable collateral, attested execution and signed prices change that.
arklabs.xyz/insights/from-tr…
8
Sound Money Quant retweeted
A structured product is only as good as the balance sheet backing it, and in legacy markets that means opacity and credit risk.
Christian Pagano, our Head of Markets, explains how verifiable collateral, attested execution and signed prices change that.
arklabs.xyz/insights/from-tr…
This is an entirely different issue from financial inclusion and providing unbanked populations with access to the fiat system.
We are heading toward a global debt crisis, and it is our responsibility to shed light.
Ueno Bank depositors lost their money because of reckless lending practices, and your solution is to replace bank deposits with a loan to someone who is already over $40 trillion in debt? Absolutely not.
Oracles that simply sign prices, with no financial stake in the outcomes those prices determine, represent a fundamental leap forward in trust: by removing the economic incentive to manipulate prices, the mechanism aligns oracle incentives with honest reporting rather than relying on reputation or goodwill.
Oracles have always been one of the hardest pieces to bring to Bitcoin.
Happy to partner with @DIAdata_org, the first provider of signed BTC/USD attestations live on Arkade. Contracts check the signature at settlement and pay out on a verified price, with no bridge or relay.
1
40
Sound Money Quant retweeted
Still catching up after a successful Arkade Day in Lugano last week.
An impactful morning on Bitcoin capital opportunities with @H100Group, and a fantastic collection of industry operators and allocators.
Thanks to friends, partners and everyone who showed up.
Stablecoins are credit. Credit is barter with time between the flows. Do you think we will not need barter tomorrow?
26
Just financial solutions to financial problems.
A BTC backed bearer asset pegged to USD, oil or gold or whatever is useful.
If I need to finance investments to get oil next year I want my liabilities to be denominated in oil. The counterparty may want to hedge future oil purchases. And everybody is happy.
35
Sound Money Quant retweeted
As an Italian, I can't watch this without some pride.
Credit, insurance, income, trade: almost every tool of modern finance came out of a few Italian cities.
Bitcoin is the foundation of next-gen finance, but capital alone isn't an economy. It needs those instruments too.
600 years ago, a handful of contracts let money move across Europe without moving coin. Modern financial institutions grew around them.
Today, Bitcoin moves anywhere, at will, but the contracts that put it to work have not caught up. Outside the largest venues, most income, protection and financing products are still built one provider at a time, in fragmented silos and bilateral deals.
Sound Money Quant retweeted
600 years ago, a handful of contracts let money move across Europe without moving coin. Modern financial institutions grew around them.
Today, Bitcoin moves anywhere, at will, but the contracts that put it to work have not caught up. Outside the largest venues, most income, protection and financing products are still built one provider at a time, in fragmented silos and bilateral deals.
