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Depends on whether assets or debt will be leveraged for speculation and whether futures contracts will be used as some kind of meta-currency. Then you have con
by kristopolous 9y ago
Depends on whether assets or debt will be leveraged for speculation and whether futures contracts will be used as some kind of meta-currency.
Then you have contagions because it will erode trust in other sectors. Economies kinda freeze up without trust or reliable value propositions.
- jliptzin 9y agoSpeculation sure but I don't see how leverage can get too high with a hard limit to the number of bitcoins floating around. Not like option contracts for example where you create as many as you want out of thin air.
- matthewbauer 9y agoWell the leverage would be in option contracts on Bitcoin. These are already available on some exchanges.