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That's one possible analogy. Another analogy would be: an unrelated third-party decides to give, to everyone who has HP shares, an equivalent number of shares i
by cesarb 9y ago
That's one possible analogy. Another analogy would be: an unrelated third-party decides to give, to everyone who has HP shares, an equivalent number of shares in a new company. In that case, a broker would be under no obligation to give you these new shares.
Which analogy is the best one depends on your point of view on this debate.
- laretluval 9y ago> a broker would be under no obligation to give you these new shares. No obligation would exist, but I'd rather take my business to a broker who would do so, given the choice.
- sowbug 9y agoHow about a third-party company that awards a free trip to a timeshare resort (some obligations apply) to every HP shareholder?
- nebabyte 9y agoCorrect. I have not studied securities law but I don't think Coinbase's users have any recourse claiming their BCC and Coinbase decides their stance is that it was always theirs as they held the relevant private keys.