1. Suppose I am the absolute monarch (King) of a micro-monarchy and my country has food security through vertical farming and aquaculture. I also have energy independence through renewable energy resources like solar, waves and wind. Water security is also achieved through desalination.2. I want to create a bank that will also house a secure military base and academy (recruitment and training will be performed through methods like lie detectors, psychological and health tests, Project MK Ultra methods such as torture, brainwashing & mind control to create loyal servants) based on the Fort Knox model. With the payment of a monthly storage and insurance fees, wealthy people can store any types of alternative investment items such as precious metals & stones, wines & any other valuable beverages, any forms of valuable collectibles, artworks & crafts, antiques and vintage items, any items that are deemed valuable by virtue of their scarcity, appraisal, and that are highly sought after in my bank's vaults.3. As per paragraph 2, those mentioned items are illiquid. Are there any viable solutions to generate passive income for investors and me?(i) There is the solution of fractional investment and ownership where the item owners can sell parts of their assets to others but it's is a one-off payment.https://youtu.be/6hhPQf2mi5Y?si=yLIw2jbKDKTsm-P5(ii) Could I, as the bank with the approval of the items owners, create and issue a currency backed by those artefacts and every time those items appreciate in value, I pay them the difference via my currency.4. I will also create a secure location where luxury auctions are held so that the wealthy can sell their items, of course I will receive a percentage commissions on each item sold. I will incentivize items owners and buyers to use my currency for their transactions.What will be the consequences of the above-mentioned things?
Calculate your costs to build the bank/vault. Calculate operational costs. Not sure why you go schitzo with the MKUltra stuff then tangent into storage.Once you have building and operational costs calculated you make your money by requiring the client to prove value of goods via certified appraisal, deeds and/or insurance policy. You charge a monthly rent on the facility, but you also charge a percent stake on the item being stored at your facility when the tenant removes their property so you get current market value. If you hold an auction then there is a sellers fee plus the stake fee and any unsettled rent.Are you high or a teenager?
>>61144679this would rely on perfect appraisals of asset value for things that are HIGHLY subjective in pricenot to mention custodial costs being astronomicalI hope you are fucking blazed because this fucking stupid
>>61144679what if you spill the varnish you huff into your air fryer, and your whole facility goes up in flames, I cannot trust you with my precious jars of tomboy piss
>>61144732>>61144747Those services are not for the poor. Take Geneva's freeport as example.https://youtu.be/A5WuZO4kzuw?si=I2K0rCoyg3cC48SEhttps://youtu.be/5TSE2TcMduc?si=0tLFgcpQlbd11EgChttps://youtu.be/g94Zt0zBLpo?si=rY2ngCTI_gpwJGluhttps://youtu.be/F0pEY-8EWsE?si=CFER1_Ebu539fUzN
>>61144679>Did you know you can turn cash into cash?
>>61144944>Literally Chainlinks business model
Bump
