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Derivatives have some financial uses for normal investors (eg if you want to hedge your bets against short term tail risk etc.), but crypto tokens really don't.
by pclmulqdq 4y ago
Derivatives have some financial uses for normal investors (eg if you want to hedge your bets against short term tail risk etc.), but crypto tokens really don't. I wouldn't sweat it.
It's not that complicated - you get a record in a globally distributed trustless database that say you own something, and as new records are added to the database stuff gets moved around.