[bisq-network/proposals] Decide on interest rate for BSQ bonds of bonded roles (#120)

Mats-Erik Pistol notifications at github.com
Thu Sep 12 12:00:22 UTC 2019


In the BTC community there is a widespread notion that fractional reserve banking cannot occur. This is of course wrong, there will be BTC banks lending out BTC and giving an IOU in return, precisely as in the fiat economy. In a future bitcoin based economy people will be able to lend out BTC to banks and get interest and this is an argument why people will not be interested in locking up bonds without interest. Objects such as BSQ will also be treated similarly to BTC and can be lent out to banks which in turn lend them out to interest-paying customers, subject to standard credit valuation. The future economy will be much more secure, auditable and private, but most of the basic notions of economy will not change, such as interest on locked up assets.


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