Art-backed debt (and thus money) is pretty cool. Feels like an advanced civilization should have this.
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"There'll have to be some standardized value metric for collectibles" I dunno, whats the standardised metric for an Adam Sandler t-shirt? How about a cigarette Lincoln smoked? The highest value items are always illiquid and subjective in value. You can draw comparisons at best.
Yeah, let me know where you can deposit an Adam Sandler t-shit as collateral to borrow against.
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Fuse by
@RariCapital can do this, with some effort. Set the oracle to a constant price. Set a timelock if you want to change the oracle - so the liquidator can change the price with time but can't rugpull without warning.@jai_bhavnani@transmissions11Thanks. Twitter will use this to make your timeline better. UndoUndo
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