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That would assume it always gets back.
by zulln 9y ago
That would assume it always gets back.
- ChuckMcM 9y agoNot exactly, as the trustee it would make sense to consider all possible ways of making the creditors whole. And one would put down in their notebook "We have x BTC, if it was selling at $Y/btc each BTC we sold would get us z% closer to returning all the cash obligations." And then each time it reached $y you start selling, if it never reaches you are no different than you were to begin with, if it reaches it only for a short time, perhaps you can pay back some cash. Now if you're creditors will take BTC and sign off on any future claims, then you are golden. You trade them BTC at market value against all future claims.