4 ms·
It is a gambling market, not a derivative.
by lamontcg 5y ago
It is a gambling market, not a derivative.
- rawtxapp 5y agoThat's mostly what they are used for anyways amongst other purposes like hedging or leverage.
- lamontcg 5y agoThere's historical reasons why bucket shop gambling is illegal, and why derivatives are regulated. Crypto is still speed running the past 150-years or so of financial misadventures. And pointing at how the NYSE is becoming more of a casino doesn't validate crypto doing it as well. Crypto is starting to look more and more like the det wire that could set off the next financial implosion.