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Search: Posts Made By: SMCJB
Forum: Cryptocurrency December 13th, 2017, 12:51 PM
Replies: 10
Views: 5,547
Posted By SMCJB
CDS's are options. The pay out in default but you...

CDS's are options. The pay out in default but you only lose the premium in the default scenario.
So your really asking for Options, which I'm sure will be available soon. They will be expensive...
Forum: Cryptocurrency December 13th, 2017, 11:57 AM
Replies: 10
Views: 5,547
Posted By SMCJB
I presumed it was humor. How can something that...

I presumed it was humor. How can something that isn't backed by anything default? It can collapse but not default.

edit oops-wrong quote
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