Closing X.EUR

Wednesday, 20 April, Year 8 d.Tr. | Author: Mircea Popescu

After more than two years of successful operation, the specialist for the symbol has announced his leaving Paymiumi. While avenues to continue Bitcoin's onlyii future contract might exist, we've nevertheless agreed to terminate this arrangement.

All X.EUR positions outstanding on April 15th have been transformed into 277`777 satoshi per contract (which constitutes a significant premium over spot). The respective sums have been added to holder's balances.

We thank David Francois for his able management of the symbol over the years, and wish him the best of luck in all his future ventures.

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  1. Of possible interest here, a quote from a 2015 interview

    The funding doesn't change our principles as a company, or those I hold for myself. If at some point I step down as the CTO, that'll mean they will have started to contradict each other.

    [↩]

  2. X.EUR was a physically deliverable future. Accept no substitutes. [↩]
Category: Bitcoin
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  1. 1
    A Review of the Bitcoin Category on trilema.com « Ossa Sepia (via Pingback)
    Friday, 27 March 2020

    [...] closure of X.EUR due to David Francois leaving Paymium. [...]

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