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Currency pairs have the same counterparty and volatility risk - it is solved with hedges and other derivatives There is nothing inherent in bitcoin to differen
by nikcub 9y ago
Currency pairs have the same counterparty and volatility risk - it is solved with hedges and other derivatives
There is nothing inherent in bitcoin to differentiate it from other currencies that doesn’t allow the same derivative infrastructure to be built out and offered (it already is)
- throwaway2048 9y agonot many currency pairs swing in value by 50% any given week
- nikcub 9y agoyet I can buy a hedge today with a consumer market account in two clicks for a dozen currencies There are plenty of countries with volatile or straight out hyperflating currencies that still manage to trade with the world Wall St and finance market is 8% of GDP - this is what they do
- tpallarino 9y agosounds like a problem with the Bitcoin markets and not a problem with Bitcoin.