Comment

Comment by tw04

I DID read the link. As with everything bitcoin related, the actual meat of the problem is hand-waved away with marketing BS.

>Strike then takes the bitcoins and automatically converts them back into Euros using its real-time automated risk management and trading infrastructure.

Really, they convert Bitcoin into Euros with a "real-time automated risk management and trading infrastructure"? That explains literally nothing. Who owns the Euro currency that is willing to sell it for bitcoin? Where is the liquidity coming from?

parent tw04 5 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton