Author Topic: PLAY funds - held in bitUSD or fiat?  (Read 858 times)

matt608

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PLAY funds - held in bitUSD or fiat?
« on: January 11, 2015, 02:49:35 PM »
Will the BTC be converted to a stable BTS bitasset or fiat?  It seems to me like it would be avery bad idea to keep them in BTC, that could easily result in half the funding gong up in smoke.

And congrats on raising almost half a million $ so far!
« Last Edit: January 11, 2015, 03:18:51 PM by matt608 »

fuzzy

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Re: PLAY funds - held in bitUSD or fiat?
« Reply #1 on: January 12, 2015, 04:17:04 AM »
Will the BTC be converted to a stable BTS bitasset or fiat?  It seems to me like it would be avery bad idea to keep them in BTC, that could easily result in half the funding gong up in smoke.

And congrats on raising almost half a million $ so far!

Agreed.  I would personally love to see it stored in a basket of bitAssets.  bitYuan, bitUSD, bitGold and bitSilver come to mind atm. I think between all of those you should stay pretty stable.