Post
Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
0x3d
on 17/10/2014, 18:28:28 UTC
What's wrong with a boring fund that makes 100% a year?  I would be quite content with boredom like that.

Sure would work for me as well... it would just be a bit more lively, thrilling with some variance thrown in. But we're smimming around our own net now, time for others to make some bubbles about this.

Convert my 'essay' to a fish story?  Let's try this - A SWF would own every dock, pier, boat, net, rod as well as the ocean.  If you want to fish the SWF is the only game in town.  When you want to fish, not only do you have to rent the equipment from the SWF, you have to put the full value of the equipment down as a deposit and pay any expenses up front and out of pocket.  You might capsize and die but the SWF is sitting on the safely on shore with no way to lose.  If you survive, the SWF will let you keep any fish you catch.

How's that?

Hah, nice translation Smiley So basically what you're saying is that no matter what, we have to trust BFX to not abuse their swap monopoly, to not eff us up. Yeah, but what shall we do? Decentralized, realtime P2P exchanges with BFXs volume and swap-features are still inexistant and also kinda really hard to develop, unfortunately.