Topic: MtGox - if insolvent, better to hold cash or BTC? - page 2. (Read 2490 times)
You are optimistic.
good question, I keep my money in fiat for the time being,
if btc goes down I buy, somehow I still hope that btc transfers will go ahead in the future
call me optimistic.
if btc goes down I buy, somehow I still hope that btc transfers will go ahead in the future
call me optimistic.
Has anyone considered from a legal perspective if MtGox is insolvent whether or not it makes sense to have:
a) More fiat in your trading account?
b) More Bitcoin in your trading account?
I feel like, given the legal status of fiat as currency globally, in the event of liquidation there may be some claim by investors holding fiat?
However, given the unclear legal status of crypto, maybe you rank lower in the totem-pole in the event of lqiuidation? I mean, if it has no legal status then technically do you even have a claim against MtGox as a defunct company?
a) More fiat in your trading account?
b) More Bitcoin in your trading account?
I feel like, given the legal status of fiat as currency globally, in the event of liquidation there may be some claim by investors holding fiat?
However, given the unclear legal status of crypto, maybe you rank lower in the totem-pole in the event of lqiuidation? I mean, if it has no legal status then technically do you even have a claim against MtGox as a defunct company?
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