Bernard Lietaer

Mentions in posts

Rehypothecation: BTC’s path to becoming king of collateral6
Concerns about rehypothecation in layer 2 protocols for Bitcoin are overblown. We don’t need to fear rehypothecation, we just need to accurately price its risk premiums. There’s inflationary and deflationary forms of derivative open interest. The deflationary version comes in the form of fully-backed synthetic cash positions, which fuels Bitcoin Dollarization and gives a sensible valuation-growth ...