Author Topic: Bitshares needs municipal bonds  (Read 529 times)

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Offline luckybit

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Tax exempt and 5%.
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).

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.
« Last Edit: April 18, 2015, 10:15:39 am by luckybit » | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads