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I imagine it would be easy enough to - at a discount - sell all the bitcoins to a (single) other party and have them sell the coins over time. Don't know if man
by EmielMols 9y ago
I imagine it would be easy enough to - at a discount - sell all the bitcoins to a (single) other party and have them sell the coins over time. Don't know if many entities would want to take such a position, but there are probably at least some.
If mtgox were still operational, they would probably take a loan (in yen) with the btc as collateral, if they needed the amount of money on a short notice (and provided they really owned the bitcoin by that exchange).
- patio11 9y agothey would probably take a loan (in yen) with the btc as collateral Do you have a suggestion as to who in Tokyo has 70 billion yen which they'd like to loan to a bankrupt entity owned by an accused embezzler whose main line of business was operating an international money laundering operation, with security being a hyper-volatile token with dubious liquidity?
- Simulacra 9y agoYou mean besides the banks that made the same type of investments and exchanges after the U.S. banking crisis? Not to mention hedge funds.