naydens (32)in #bond • 2 years agoImpossible Finance — The Zero Coupon Perpetual BondBonds for the uninitiated are simply a form of loan. The issuer of the bond borrows money from the purchaser.…naydens (32)in #martin • 2 years agoReturn to Nothingness: Big Crypto’s struggles with basic accounting and economics — by Martin WalkerThe leaders of “Big Crypto” seem to have a huge problem understanding the basic concepts of conventional finance —…