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Since Ripple control their coin, they could effectively do a stock split... change the code to give all current ripple holders 1,000,000 coins for each one that
by joosters 9y ago
Since Ripple control their coin, they could effectively do a stock split... change the code to give all current ripple holders 1,000,000 coins for each one that they own now.
R3 would still have their option, it would just suddenly be worth much less thanks to the forced inflation :)
- dmichulke 9y agoYeah, just do it the fiat way ... ;)
- seanhunter 9y agoOptions don't work that way fortunately/unfortunately. In the event of a split in the underlying, you have to split the options also.
- qeternity 9y agoThis isn't an inherent property of options. It's just how almost all options contracts are written otherwise they wouldn't hold any value. If this option isn't written that way, then it's feasible.
- joosters 9y agoFor stocks, sure. For commodities, it would normally be impossible. For crypto, who knows? As has been said, these cannot have been any standardised form of options, anyway...