can you tell us about your contingency plans?
what happens if the stock exchange closes over night like GLBSE back then?
what happens if bitcoin should become worthless?
I like the idea behind this, but I would like some reassurance that I won't loose everything in the above mentioned cases, since this seems like a pretty longterm investment.
- Contingency plans are as mentioned above. 94,000 acres will be used as collateral to raise the additional funding required if BitFunder comes short.
- if you purchase a share in our company you own that share even if the exchange closes.
- When you buy the Kenilworth share you have that share which will maintain its value in the market in $/£/¥ worth of a resource.
- We are long term but we accept bitcoin at a set value on the day you buy the Kenilworth share, from there on you are equal in value to anybody else having a share bought with a dollar or a yen you are a shareholder to us.