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A comment on Show HN: Collateralized Debt Agreements Using Smart Contracts and Virtual Cats.

Re:Show HN: Collateralized Debt Agreements Using Smart Contr... by elmar on Thursday January 18, 2018 @04:46PM (#16181799)
next step a stable coin based on collateralized cats.
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Re:Show HN: Collateralized Debt Agreements Using Smart Contr... by elmar on Thursday January 18, 2018 @05:08PM (#16181985)
People will buy kitty's, borrow against them and use funds to buy more kitty's building a leverage position on Kitty's.
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Re:Show HN: Collateralized Debt Agreements Using Smart Contr... by nahollander on Thursday January 18, 2018 @06:36PM (#16182663)
In all seriousness, this isn't a _totally_ unreasonable proposition -- Vitalik proposed an interesting route for creating stable tokens using baskets of debt obligations in a CDO format: https://ethresear.ch/t/collateralized-debt-obligations-for-i...

Perhaps unfeasible to appraise given that CryptoKitties haven't coalesced around any sort of stable value, but it'd be interesting to see what the volatility of NFTs like CryptoKitties is in comparison to normal tokens.

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Re:Show HN: Collateralized Debt Agreements Using Smart Contr... by trfergus on Thursday January 18, 2018 @04:59PM (#16181905)
Proof of Kitty
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