The contract couldn't have had such a clause because neither side believed that situation was possible.

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I would be more interested in how many reserves the "trust" still has. E.g. what would happen if the 10 biggest accounts cash out at the same time. Right now.

This.

Scenario.

I. Buy, borrow or steal 1k btc.

II. Open Krakken Bank of Bitcoin, October 1st (as we all know krakken eat pirates). Offer 7% per week to investors. At this point it makes sense strategically to open it only to "selected" investors - most everybody isn't interested anyway so you gain some "mystique" that costs nothing.

III. 1st of November. Collected a few hundred in principal, paid maybe 10-20 BTCs from your 1k. BuKK stands at a few hundred btc invested + the goodwill of paid investors, you stand at ~980 BTC.

IV. 1st of December. Collected about 1k BTC in principal, paid ~200 BTC from your 1k. BuKK stands at 1k invested, buzz is starting to fly. You're ~750 BTC.

V. 1st of January. Collected 2-3k BTC, paid pretty much the remainder of your original balance. Start making little noises here and there about how you "own" the bitcoin market and delicately suggest to people that your moves actually have any impact (a ludicrous concept, but it served the bankers of old fiat well).

VI. 1st of February. Things start to balloon from here. BuKK principal is easily over 10k BTC, growth rates in the 10 to 20% range each week. Replenish your original 1k with some fringe just in case, pay the suckers their "interest" from the growth rate like any serious pirate/krakken/anything else designed-to-fail ponzi scheme. Do a lot of mouthing about imaginary investment opportunities irl or at the irl/btc interface that somehow magically net you what no business in the ~1000 years of business history ever made and each hyip in the ~10000 years of hyip history always claimed.



VII. Fail. A well, certainly not the first time, certainly not the last time, it's a pity to let a sucker keep its bitcoin and all that. Not like any lessons are liable to be learned or anything of the sort.

What's that, June? September? May? Heck, with a little luck it might even survive till the reward halving.