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In all fairness, this isn't much different from commodity ETFs promising that they have a warehouse of gold or silver somewhere that matches the market cap of t
by cloakandswagger 9y ago
In all fairness, this isn't much different from commodity ETFs promising that they have a warehouse of gold or silver somewhere that matches the market cap of the fund. There's no easy way to completely, 100% verify this, so people just trust them.
- Havoc 9y agoThat’s what auditors are for - solving exactly that problem. Well mostly - like everything else it’s imperfect