Byzantine on Nostr: "it is debt all the way down" š #[0]
"it is debt all the way down"
š
It's funny because it's true, and because the collateral is also debt.
"Our debts are collateralized by assets, which are someone else's debt, and those debt-assets went down in price a lot relative to our debt."
Published at
2023-04-06 14:22:00Event JSON
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