I think using bitcoin as collateral would work better for this.
Put a bunch of bitcoin in a collateral account, borrow some altcoin or other against that collateral, sell the altcoin at an altcoin-to-fiat exchange and buy real stocks from a real stockbroker...
General Financial Corp is thinking of setting up some kind of collateral (aka margin account?) system that ought to work for this kind of thing. (Using bitcoin as collateral and borrowing an altcoin or other asset...)
-MarkM-
Topic: Real Life Stock Passthroughs (eg AAPL) (Read 1034 times)
This has already come up multiple times. and been pretty much shot down multiple times..
Real stocks have tiny yield, BTC/USD fluctuations, SEC/regulatory issues, USD handling issues, need a series 7, etc, etc..
We could, however, trade BTC-denominated derivatives that track the value of stocks Real stocks have tiny yield, BTC/USD fluctuations, SEC/regulatory issues, USD handling issues, need a series 7, etc, etc..
As for AAPL being mentioned in the title, I'm currently short AAPL from 701 a share, starting to feel pretty good about it
OP should think before speaking.
This has already come up multiple times. and been pretty much shot down multiple times..
Real stocks have tiny yield, BTC/USD fluctuations, SEC/regulatory issues, USD handling issues, need a series 7, etc, etc..
Real stocks have tiny yield, BTC/USD fluctuations, SEC/regulatory issues, USD handling issues, need a series 7, etc, etc..
So I've got an idea.. why don't someone start a real life stock exchange passthrough? Maybe even a stock exchange that lets you spend bitcoins. The barrier to entry of stocks can be pretty high.
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