S!ayer on Nostr: in other words, hard assets, are often cumbersome and slow to move. In fact they are ...

in other words, hard assets, are often cumbersome and slow to move. In fact they are that way because they are hard yielding (aka hard to mine and refine). There is only so much of it as well, thus if you cannot fund with hard assets, you fund with debt. That debt is an IOU issuance with collateral.