Post
Topic
Board Archival
Re: btt
by
creativex
on 26/09/2013, 19:09:18 UTC
Not really the point. Trust is all that matters in this space. If an asset issuer is trustworthy then it doesn't matter which boxes are checked. They'll adhere to their own contract anyway. The issue for me is that it's even an option. If btct.co did blow up because of the labcoin and btcgarden fiascoes then what will stop bitfunder from doing the same? Particularly given that some asset issuers listed there will not only choose to make their contracts unilaterally fungible but can and have unilaterally altered those contracts after selling shares.