that makes sense and I'm sure the regulatory part is hell.
fact is
it ends up being BTCUSD denominated anyway so I'm not sure what's accomplished except for changing some social unit bias.
that makes sense and I'm sure the regulatory part is hell.
fact is
it ends up being BTCUSD denominated anyway so I'm not sure what's accomplished except for changing some social unit bias.
I agree, the reason no one prices in Bitcoin yet is because no one -owes- Bitcoin denominated debts yet. Once you see debts denominated in BTC you'll see BTC much more widely used as UoA
oh now thats an interesting idea.
then it makes more sense to develop BTC denominated lending *first on the road to UoA adoption 🤔