Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: calme on August 07, 2016, 01:22:10 PM



Title: The New BFF Tokens From Finex
Post by: calme on August 07, 2016, 01:22:10 PM
Let's discuss how all of this will work.


Title: Re: The New BFF Tokens From Finex
Post by: GreenBits on August 07, 2016, 01:48:41 PM
Let's discuss how all of this will work.

Not being clever here, what are BFF tokens? Is this related to that 'communal loss' bullshit they announced as a possible resolution? I'm not involved in this but I detest the 'share the loss' mentality crypto exchanges, loss is per participant in this game, not democratized across every user. If an exchange's bitcoin wallet gets hacked and I have DOGE, there should be no ill effects on my DOGE balance.

Edit: yep, these are debt tokens from bitfinex. More info here if you were clueless like me:http://www.dailymail.co.uk/wires/reuters/article-3727611/Bitfinex-exchange-customers-36-pct-haircut-debt-token.html


Title: Re: The New BFF Tokens From Finex
Post by: calme on August 07, 2016, 04:04:14 PM
I guess they are basically friendship tokens.