3 ms·
> Has anyone discussed the future of forks with respect to futures? The reference bitcoin index for futures is well-defined: http://www.cmegroup.com/trading/f
by jpmattia 9y ago
> Has anyone discussed the future of forks with respect to futures?
The reference bitcoin index for futures is well-defined: http://www.cmegroup.com/trading/files/bitcoin-reference-rate-methodology.pdf http://www.cmegroup.com/trading/files/bitcoin-reference-rate...
I would guess that this was done in collaboration with the relevant exchanges. So forks are pretty much a don't-care for the futures that begin trading in the next two weeks.
- tlrobinson 9y agoThat doesn’t actually address the case where the constituent exchanges disagree on which side of a contentious fork is “Bitcoin”. Exchanges are incentivized to quickly converge on one or the other so it may not be a problem.