Post
Topic
Board Bitcoin Discussion
Re: market effect of a catastrophic design flaw
by
Insti
on 24/08/2010, 08:16:14 UTC
chaord, have you read the Bitcoin does NOT violate Mises' Regression Theorem thread?

So the question is this: if BitBox existed, would the market value of BitCoins literally drop to zero? 
It depends on how many people are using Bitcoins. If millions of people are still using Bitcoins, I doubt it.

Quote
Being an entrepreneur, I want to provide solutions.  Perhaps there will be a market for "design insurance."  This would be very similar to a Put Option.  What should the premium be for, say, a 10 year Put Option at the current exchange rate?
Whatever the market will pay?
What is the premium on whether you'll be around in 10 years for us to exercise the option?