2 ms·
Complex meaning not able to be liquidated with a single bitcoin or any other currency transaction. This is a specific asset that the fund administrators are no
by daveguy 10y ago
Complex meaning not able to be liquidated with a single bitcoin or any other currency transaction. This is a specific asset that the fund administrators are not allowing to be liquidated. If you used bitcoin to buy these assets they would still be held outside of the bitcoin system. Just like when you use dollars/pounds/etc to buy the asset the wealth is no longer held in dollars/pounds/etc. They would be at least one step removed from the currency regardless. You couldn't liquidate immediately even if you bought into the mutual fund with bitcoin. The mutual fund would never be held in pure bitcoin because there are multiple assets -- other stocks, bonds, etc (e.g. complex). Complex as in not simple. Not complex as in you wouldn't understand.