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RE: Bitfinex Update: Equity Interest in Exchange for BFX Tokens!

in #money8 years ago

Perhaps. I wonder exactly how many people will be eligible for this (since there are also jurisdictional concerns on top of BFX T n Cs). If this succeeds, I suppose it'll pretty much ensure the survival of Bitfinex's exchange. And they'll hold the bulk of equity anyways. So a pretty decent hedge.

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That's why I think it will reassure people. The possibility of reclaiming equity should stabilise the token value. Doesn't matter if people claim the equity or not. As with many of these things it is about market sentiment and confidence.