BitShares Forum

Main => General Discussion => Topic started by: luckybit on April 18, 2015, 10:03:05 am

Title: Bitshares needs municipal bonds
Post by: luckybit on April 18, 2015, 10:03:05 am
Tax exempt and 5%.
Quote
Municipal bonds give individuals the opportunity to invest in improvements to their city, while receiving predictable, tax-free returns every year, and, at the end of the bond (often 5-10 years), the individual gets his or her money back. They don’t offer the theoretically sky-high returns of stocks, but they do offer tax-efficient returns at very low risk (the default rate on municipal bonds is close to 1 in 1,000).
http://www.pbs.org/idealab/2015/01/how-crowdfunding-municipal-bonds-help-people-invest-in-communities/
https://neighborly.com/
https://en.wikipedia.org/wiki/Municipal_bond

A potentially huge market and if Bitshares users could invest in municipal bonds from within Bitshares then you'd attract a lot of traders. It's fairly low risk, and while 5% isn't a lot of yield it's basically the same yield you would get in BitAssets in the best case.

Bitshares could get good press if it facilitates community building.