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The real problem with the ETF is that the index used for pricing is not independent.
by foobarqux 12y ago
The real problem with the ETF is that the index used for pricing is not independent.
- patio11 12y agoThis is mostly irrelevant. The index used for pricing could be a weighted average of Thomas' and my karma, but if the trust was still backed by ~0.2 BTC per share and had working redemption mechanics, one would expect shares to trade around where rational market participants thought 20% of a Bitcoin was worth.
- deleted 12y ago[deleted]