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I wonder if Nvidia et al could short Ethereum as a hedge while expanding production.
by aianus 9y ago
I wonder if Nvidia et al could short Ethereum as a hedge while expanding production.
- jnordwick 9y agoThis is why futures exist. They would sell the futures to hedge their crypto exposure.
- behringer 9y agoYou'd trust your business to a bitcoin exchange?
- igotthegift 9y agoI don't think that taking out naked short positions on the cryptocurrency market, or a coin that's had 15,000% run-up over the last year, is anything that a publicly traded company, that isn't in finance, would do.
- chillydawg 9y agoThe markets are not liquid enough for a hedge of that scale (eg to cover a factory investment of 8, 9 or 10 figures USD).