I agree with possibly not associating them with Dark Pools. But we need to find the legal definition of what we are doing, as cryptocurrency asset exchange is completely new.
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Why? The US Gov't and Wall Street are not going to give up their monopoly hence why cryptos are a whole new and decentralized asset class
outside the system...
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On a different note Dark Pools can have derivatives and that is what I believe a bitAsset is.
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Most derivatives are traded over-the-counter (OTC) meaning that the transactions do not take place on a formal exchange. That is not the same as a Dark Pool. The one and only function of a Dark Pool is to move massive amounts of equities without moving the market. Derivatives by definition are
not supposed to move the underlying although there's some evidence of that statement not being true but that's getting off topic...
Goldman's SIGMA X held stocks which are publicly disclosed...What's not disclosed is size of the blocks being traded.
I've seen your other posts and I'm all for promoting BTSX but you're getting off topic here and confusing matters by trying to define (legally) what a bitasset is which just ins't relevant at thing point.
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It is off-topic but "...if we kill the banks" they will not go down lightly. I would love to hear what THE Bytemaster has to say about legal issues or Andy Beal Legal Counsel on the developers team.
You have a Bloomberg Terminal?