2 ms·
Bonds against future revenue.
by ROTMetro 4y ago
Bonds against future revenue.
- pas 4y agoisn't that what governments already do? they issue bonds then collect taxes for the coupon payments (debt service). raising money this way results in very small risk premiums (so low interest rates) if every project would have to do it separately it'd probably cost even more. and to solve the obvious problem of efficiency a prediction market could be used to decide what to fund with the "cheap" money.