"You will soon be able to purchase Bitcoin through a financial instrument. I will announce it when its ready and the product is readily available to purchase online and through banks on the stock market."
"Each bond has to be denominated in some sort of a price. And if I peg a bond to the price of btc then I have to find at least some similarities between the two. I am not sure yet about how exactly the whole structure is going to look like but ill let you know once I know for sure what I want to do."
Since the "bond" (more like an ETF) would be pegged to the price of Bitcoin, the organization behind the bond would have to buy and sell Bitcoins in accordance with the interest in the bond. Got to love free markets...
Is there any other evidence to support its existence? I have seen a lot of claims posted to that forum that never came to anything.
ReplyDeleteUnfortunately, I do not have any other evidence (hence the question mark), but I will keep an eye out.
ReplyDeleteThe mainstream traders should /love/ this, if it happens. The volatility would give them all cashgasms, I'm sure.
ReplyDeleteHow strange 't'would be - to see a BTC ticker in the bond market...
It would certainly be a way for institutional investors to get in on the act without going through "sketchy" channels like the exchanges.
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