The Short+Long baskets described at https://bitcointalksearch.org/topic/longshort-basket-currencies-103699 act, in effect, as floating rate secured loans.
I had been looking into other methods of providing secured loans, but this basket system is so simple and elegant and multi-purpose (in that it also acts as a means of shorting or going long in an asset), and makes "debt" so simple and easy to trade and to discover prices, that I am now thinking of just going with these baskets instead of worrying about the other various ideas of how to provide lines of (secured) credit...
-MarkM-
Topic: [DS&L] Floating rate secured loans (Digitalis Shorts and Longs) (Read 1045 times)
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