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RE: The simple suggestion of having Bitcoin Futures settling in $USD terms is simply way too funny to even begin thinking about..!!

in #bitcoin8 years ago (edited)

@stephenkendal this is crazy. Thanks for explaning the entire thing about derivatives in simple words easy to understand for everyone. And both of the case scenarios are funny, and the funniest is that they would be selling derivatives of trillions of bitcoins that would never exist, and people would be buying something impossible. But that is what current "crazy" financial system has been doing with stocks, right? @gold84

By the way, I had a new idea about adding the "supporting communities around the world link" for the front-end of steemit. This is what the steem blockchain has the power to do, and what is doing.
https://steemit.com/utopian-io/@gold84/we-need-a-supporting-communities-around-the-world-link-for-steemit-front-end-to-show-how-the-steem-blockchain-is-adding-value-in
Once you have the chance to give your feedback, it will be greatly appreciated!