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Sure, but the appropriate amount, in my mind would have been $100 plus prevailing interest, not some in-kind distribution. Suppose there is only one milkshake i
by pishpash 9y ago
Sure, but the appropriate amount, in my mind would have been $100 plus prevailing interest, not some in-kind distribution. Suppose there is only one milkshake in the world and it got destroyed, how would you ever repay the claim except by converting to currency value?
- tryingagainbro 9y agoSure, but the appropriate amount, in my mind would have been $100 plus prevailing interest Bankruptcy laws determine that. Maybe x% a year? Creditors took them to court and at that moment the court takes over. You should have bought more bitcoins at $400 if you believed in it.
- deleted 9y ago[deleted]
- jonnathanson 9y agoSo essentially we set damages at t0 currency value of the milkshake, plus interest over N years. Seems reasonable. If milkshakes were illiquid, and could only be bought and sold every N years, that would seem to peg damages to asset value instead of currency value. Or am I wrong?