Wall Street has dreamed up an array of derivatives tied to stocks, commodities and mortgages. Now such contracts are being developed for bitcoin.
In recent months, some cryptocurrency firms have begun touting structured products linked to the price of bitcoin, with complex formulas determining how much they pay out.
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They cant beat the math that proves math is more than gold or the dollar because those things are based on the principle of worth witch is a math concept.
Dodd-Frank has helped enable this mess. Derivatives need to die. Permanently.
My advice to people thinking about entering this market, is buyer beware
If we don’t learn from other people’s mistakes, we are bound to make our own. Expensive lessons 😏
Tulips......
ponzi square. nice
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Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Trade ceasefire rally could be short-lived, market strategists warnTrade truce headlines boosted stocks, but they are likely to be a short-lived positive since trade talks between the U.S. and China could drag on for months and result in more tariffs. Agree. The hope of rate cute will be short lived as well. Eventually earnings will have the biggest and longest effect. As usual CNBC and market strategists have it all wrong!. The first step to a trade deal is to declare a truce, that has been done. I fully expect a deal to be signed very shortly, could be done at any time. Then watch the stock market take-off! Trump’s handling of all this is a joke. Been spewing for last year that Huawei is a national security threat, now using it as a bargaining chip in trade. You can’t have your cake & eat it too. Really worrysome that the man handling this is so ignorant with no coherent strategy.
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