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User Info Bitscam And Other Extraordinary Insanities; entered at 2017-12-07 09:33:21
Lanny
Posts: 71
Registered: 2010-12-21 Canada
If they ever end up creating a BTC futures contract, it would be quite the short if it fell. Although 1) it would be difficult to time it, and 2) in case (2) above they'd likely halt trading due to the underlying uncertainty from their inability to verify a massive (many terabytes) blockchain.

Imagine if every paper bank note in the country was found to have accidentally been made with invisible ink that only starts disappearing a decade after production... And imagine the cost to organize and individually verify every fading note and re-issue them all with new reliable notes. To every person? In a short time span?

Man what a mess.

Last modified: 2017-12-07 09:36:28 by lanny
Reason: Formatting

2017-12-07 09:33:21