Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
justusranvier
on 01/11/2014, 16:20:56 UTC
there may be some in scBTC who need to get out fast for IRL reasons and would rather take a slight loss selling on an exchange rather than going back thru the peg with it's contest/confirmation delays.  ppl do all sorts of crazy shit.

several proponents here have already agreed scBTC would be priced less than BTC, at least initially.
I wonder if somebody can try to legally force this outcome, for example in the case of central banks issuing their currencies as sidechains.