>>6157002>>6157033>>6157052>>6157070Given that there are already derivatives for freight, weather, synthetic real estate, all sorts of exotic knock-in barrier options I propose a new contract, I call it High Yield Managed Exchange Note (HYMEN) it is basically an option on celibacy collateralised on monastic ritual and inveterate unconsummated desire. There should exist a market to bet against people having sex. You purchase a portfolio of these options as insurance against alluring female temptresses / succubus protection / expensive and debilitating romantic entanglement and you underwrite these options if you are supremely confident of your devotion to solitude. The contract is contingent on social acceptance but I imagine if the market became established you could say stream on OnlyFans and then collateralise your earnings against a delta hedged portfolio of these celibacy contracts to achieve synthetic virginity. Like tradeable certificates of maidenly virtue. I suppose that Josh Hartnett romantic comedy film 40 Days And 40 Nights (not to be confused with 30 Days Of Night lol the vampire one, also with Josh Hartnett) already did it, see that film for a demonstration of betting wagers
Incidentally on Josh Hartnett films lol I remember reading about the central bank of Somalia, apparently after the entire country was ruined by Ridley Scott making a helicopter film and Call Of Duty turning Mogadishu into an uninspiring TDM level, the denizens of Somalia adopted an entirely fake, counterfeit currency and the country was apparently fine lol (think USD may still have been used for large transactions). The IMF wrote some study on it
https://www.bloomberg.com/news/articles/2023-04-05/somalia-to-issue-new-currency-to-restore-central-bank-s-powersThe Central Bank of Somalia’s top priority is to reestablish the nation’s currency, which will enable it to take full control of monetary policy, its governor said.
Somalia hasn’t printed new banknotes since descending into a civil war after the government collapsed in 1991. Most of the bills that were in circulation disappeared or became too worn out to use. They were replaced by US dollars or counterfeit notes, often printed or shipped in by warlords and businessmen in breakaway regions. In 2017, the International Monetary Fund estimated that 98% of the local currency circulating in the economy was fake (...)