Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
by
Bancorholder
on 10/06/2017, 15:18:07 UTC
Here's something I want an answer to. Perhaps someone at Bancor can answer this.

My understanding is that these BNT's will basically be receipts for a library of cryptocurrencies. That's great but most people will accept Bitcoin or ETH already because these can be redeemed for fiat.

Will the BNT owner have to convert to ETH or BTC to redeem it's value or will BNT be readily be able to be exchanged with fiat AND/OR be able to be used through a Token card eventually? It would a lot of sense for this to happen, how soon can we expect it?