I had dinner with two good friends today, and they each made an important investment decision.
Friend A decided to spend 200,000 yuan to buy a house (92 square meters in Jinan, Shandong, total price 1 million yuan, 20% down payment, married)
Friend B decided to spend 200,000 yuan to buy BTC (no house, average BTC purchase price 62,147 US dollars)
Both parties disagreed with each other's investment. Friend A thought BTC was a Ponzi scheme and the country did not recognize it; Friend B thought that the house price would drop further, and taking out a loan to buy a house was equivalent to a 5x leverage for 30 years, which was too risky.
Seeing that both parties were about to get angry, I came up with an idea. With me as a witness, the two parties reached a verbal agreement, which we will call "Unreliable Forward Yield Swap Agreement" for the time being.
One year later Today, we will come here again to execute the agreement; the agreement is roughly as follows: if both parties lose money after one year, each party will bear the consequences. If one party makes a profit, the profitable party will give 10% of the profit to the other party. If both parties make a profit, they will exchange 10% of their respective profits with the other party.
As a witness, I am responsible for the smooth execution of the agreement and will receive a 1% profit reward from the party with more profits after successful execution.
In my opinion, both parties have no problem with their character. As long as one party makes a profit, I will get a reward.
I hope you can witness it with me, so I decided to take out 100U for a lottery. Just comment "I witness + Binance ID", and I will directly transfer 10U to your account through Binance ID after one year, only for the top 10 comments #币安合约锦标赛 #BTC☀ $BTC