$FHBC You know, banks in America used to print their own money. We have forgotten how that works, but basically you had to bring the paper money back to the bank that printed it, if you wanted to redeem it for gold.
BitGo is banking this crypto currency, and it is very much the same idea as the old banks printing their notes. An investor brings tokenbloq money and tokenbloq mints tokens to pay the fund. The investor owns its shares of the fund. The fund owns the tokens and can redeem the tokens for cash... or just hold the tokens, because they increase in value (and cash doesn't) BitGo ends up with the money that was invested, but they have to redeem any tokens returned to them.
If an accredited investor can bring an existing position to tokenbloq, and Bitgo absorbs the investment... that would enable commercial grade investment funds to upgrade their portfolios. I doubt that is an option at launch, but it would, no doubt, inevitably bring in a trillion dollars of investment.
$FHBC Is someone being funny or this 900 code for real. It would be nice if this came back to life. I did have another ticker come back to life on me at the end of last year in a custodian play waiting on a reverse merger. It would be nice if this one would follow. I'm surprised to see there are still posts on this board. At one time I had high hopes for this. Maybe again?
