Post
Topic
Board Marketplace
Re: BTCST account for sale!
by
E. A. Gail
on 26/08/2012, 00:25:35 UTC

Bond holders do not get voting rights. They have to follow the contract like it or not.

 If I want to sell the debt for 1 BTC then sell my liver to cover the rest that is might right and the bond holders can't do anything about it (other than bitch, cry and call me names).

I dont own any Tygrr bonds but i am curious and peeked at the contract.
One sentence in the contract is interesting:
   "The money gained from the selling of these bonds will go to BTCST."

Does this mean that the contract is violated if the bonds no longer are backed by
a BTCST account? (i am guessing that a liver is worth more though).


If it does mean that, Goat have to follow the contract like it or nor.


Edit: I know it should be "Goat has to" but the paraphrazing just looked better with have, at first.