Money and State
Money and State
"Give me control of a nation's money, and I care not who makes its laws."

Posts tagged "bitfinex"

The Cryptobond and AutoPublic Companies

The Bitfinex hack and subsequent release of BFX Coin is a seminal moment in cryptofinance. BFX Coin is a promise of Bitfinex to pay $1 in the future. If their exchange recovers from the hack, and grows, then it's feasible they pay this. The value of the coin will rise toward its $1 par value. If their exchange stagnates or fails, then it's not feasible. The value of the coin...

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