Re:Bitcoin Exchange Had Too Many Bitcoins
by nostromo95 on Thursday August 03, 2017 @01:07PM
(#14921436)
No, you can replicate the option exactly if you keep re-weighting the debt and stock ownership.
Granted, this is only really feasible for large institutional investors, but you can do it.
Thus people would be more careful which is an improvement in my point of view.
Re-establishing the uptick rule would be a middle ground between banning totally and current speculative frenzy.