I will read the doc later on..
so if i understand correctly what you are saying is that someone who wants to convert 50,000 euro to 50,000 bit eur he has first to go buy c15 mil BTS on the market and place an order to sell these 15 mil BTS for biteur at a fair price..
I think that even with a premium of 5% that order will not be filled easily and hence there will be a lot of exposure to the bts price by the time this order is filled right?
So essentially at this point trying to sell the idea of bitassets to serious investors who may have lots of money and be interested to convert their fiat to bitasset is not yet the right time..