Any thoughts about a tool to issue Uncollateralized Bonds? There’s no collateral damage to it except for your reputation at stake. I believe this idea is gameable.
To begin with, the concept is targeting accounts with huge fanbase/audience. It will work if a follower believes that the account is able to repay before expiration (trust) and the bond consists of high APY (returns).
But why would this benefit anyone especially popular or ‘big’ accounts? They are able to use these borrowed capital for various purposes like margin trading, arb trading and etc. But it’s not fun and games if one cannot make use of it..
EDIT: previous tweet deleted as this thread is meant for mental stimulation. All tweets are solely my opinions.
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