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>Why not just earn dollars? Theory of pricing arbitrage already takes into account coordination irrespective of the currency. What is the distinct advantage of
by dharma1 9y ago
>Why not just earn dollars? Theory of pricing arbitrage already takes into account coordination irrespective of the currency. What is the distinct advantage of earning Filecoin tokens over dollars?
There is no counterparty risk of Filecoin not paying out - since the payment mechanism is embedded in the smart contract that is immutable.
>Ok so lets just say I bought Filecoin (I didn't). How do I liquidate my position? Do I just need to find a buyer like every other security or can Filecoin buy it back?
You sell it on an exchange for another currency like BTC or USD