3 ms·
Motion picture box office receipts seems like a form of gambling as there is no natural massive purchasing counter party that cares the way that a farmer wants
by daft_pink 3y ago
Motion picture box office receipts seems like a form of gambling as there is no natural massive purchasing counter party that cares the way that a farmer wants to avoid the price falling too much and the restaurant wants to avoid the price rising too much and both might want to lock in their price.
- kylebenzle 3y agoWow! Box office futures are illegal because Max Kieser, the Blockstream shill, tried to start an online exchange in the dot com boom but the US Senate and the motion picture industry shot him down. Saying futures could too easily be manipulated by the studios. https://en.m.wikipedia.org/wiki/Box_office_futures https://en.m.wikipedia.org/wiki/Box_office_futures
- yieldcrv 3y agothats a misreading, Canton Fitzgerald tried to do it for real in 2007 and the regulator was all for it, which is what got the MPAA to leverage their lobbying muscle