Reminds me of antistocks [1]: "We sell antistocks.” “Antistocks? Is that like . . . shorting a stock?” “Shorting is barbaric. Think how nice and simple going

Reminds me of antistocks [1]: "We sell antistocks.” “Antistocks? Is that like . . . shorting a stock?” “Shorting is barbaric. Think how nice and simple going long is. And then with shorting you have to borrow from some specific person for some specific amount of time, and deal with margin calls and short squeezes and all that garbage. We asked ourselves - how can we make shorting as simple as going long? Antistocks are the answer. A Tesla antistock is a certificate which obligates you to pay us the value of a Tesla stock dividend each year.” “Why would anyone ever buy that?” “They don’t! We pay them X dollars to take it! Then when Tesla goes down, they pay someone else less than X dollars to take it from them, and keep the profit.” “What if they don’t pay the reverse dividend?” “I mean, that’s the counterparty risk you take with everything, isn’t it? Home loans, car loans, credit default swaps. If it helps, we’re limiting the product to accredited investors, so they can’t, like, pay a homeless guy $1 to take it off their hands.” “And you think people will prefer this to just shorting Tesla the normal way?” “It’s not just about shorting Tesla. This is the beginning of a whole new antifinance revolution. Lots of people want to invest in SpaceX, but they can’t, because Elon Musk selfishly refuses to go public. No one else can get around that. But we can! We print a million shares of synthetic SpaceX stock and a million shares of antistock, each antistock share requires you to pay one one-millionth of SpaceX’s yearly profits to the holder of one stock share. Or, you know how millions of ordinary people can’t afford homeownership anymore because Blackrock keeps buying up all the homes as investment properties? We just print a million synthetic houses and a million antihouses, where the antihouse owners have to pay the average rent in a certain area to the synthetic house owners each month. Blackrock gets to invest in real estate without having to worry about all those boring contingent things like mold or termites, and we can leave the real physical houses for ordinary families.” “Sorry, but this sounds like a terrible idea.” “I’m glad you think so! Would you like to be a seed anti-investor in our startup? If you’re right, then our antistock prices will never be this high again!” [1]: https://www.astralcodexten.com/p/even-more-bay-area-house-party https://www.astralcodexten.com/p/even-more-bay-area-house-pa...