Understanding Digital Money and Digital Yield
Photo: Bitcoin Magazine
An overview of the nascent business models built on top of the preferred securities of Bitcoin balance sheets: turning digital credit into digital money and digital yield. The new business model of building on top of digital credit to create digital money and digital yield can be roughly categorized into two different architectures. This article gives a general overview of these models, with an analysis of economic implications. To get started, I will define these terms. Digital Credit is the credit-like instruments issued by corporations with large Bitcoin balance sheets.
Source: Bitcoin Magazine
