The main difference is liquidity to do the developments. By funding the debt, bankers can repackage that to instituations or pay out an interest rate to saving account holders.
Other than that, the 600 million goes into materials, labour, localised workforce, job creation etc. etc. and when the housing is completed the apartments offer cheaper rents, more accommodation etc. etc.
Society improves off that debt issuance.
It's why Strike is offering loans against bitcoin, something like 100k for 2.5BTC. This is a debt facility that allows you to do things (hopefully that make you a return) and pay off the debt.
S!ayer
npub1eh…3mz4s
2025-05-07 17:06:33
in reply to nevent1q…3rsh
Author Public Key
npub1ehkvx8rdjsrwnf7kkqr8gy42vcwe6vwgqdwrl4juqccp689v8wfqr3mz4sPublished at
2025-05-07 17:06:33Event JSON
{
"id": "8042e81b48ccbff7153aafda097b1f7c022736f7d947d94a746a45973679b8d6",
"pubkey": "cdecc31c6d9406e9a7d6b0067412aa661d9d31c8035c3fd65c06301d1cac3b92",
"created_at": 1746637593,
"kind": 1,
"tags": [
[
"e",
"4ed6918344c13ea5b0018991fb98d700a60daac02e17df8bd7727fb316dbc113",
"",
"root"
],
[
"e",
"7ab33fd5998de9c9327fb15ca9efed504fc569f4c9eb5c4dcca77b2cc513119a",
"wss://nos.lol/",
"reply",
"1408bad049bab8a38b976075affe413c3521bbeef62cc4ce3555299f4971f2ca"
],
[
"p",
"8fb140b4e8ddef97ce4b821d247278a1a4353362623f64021484b372f948000c"
],
[
"p",
"16f1a0100d4cfffbcc4230e8e0e4290cc5849c1adc64d6653fda07c031b1074b"
],
[
"p",
"cdecc31c6d9406e9a7d6b0067412aa661d9d31c8035c3fd65c06301d1cac3b92"
],
[
"p",
"1408bad049bab8a38b976075affe413c3521bbeef62cc4ce3555299f4971f2ca"
]
],
"content": "The main difference is liquidity to do the developments. By funding the debt, bankers can repackage that to instituations or pay out an interest rate to saving account holders. \n\nOther than that, the 600 million goes into materials, labour, localised workforce, job creation etc. etc. and when the housing is completed the apartments offer cheaper rents, more accommodation etc. etc. \n\nSociety improves off that debt issuance. \n\nIt's why Strike is offering loans against bitcoin, something like 100k for 2.5BTC. This is a debt facility that allows you to do things (hopefully that make you a return) and pay off the debt. ",
"sig": "d7fb65b7bec748d13d1f093f9276cabe5a408d0fb5e22efed2fc403a0ac5a34d2cc8273dfbfff4837c8b318a65ee6f66a013918f04217afc1f08b5d29f9b7d68"
}