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If only someone offered derivatives contracts that could be used to make money from destruction... https://www.kraken.com/en-ca/features/derivatives/monero htt

• loxs 1y ago
  Yeah, but the moment that happens they will confiscate/block the funds of the shorters.
  • dbdr 1y ago
    Based on which specific law or rule?
    • loxs 1y ago
      Based on how the crypto world works 100% of the time.
• SilasX 1y ago
  Reminder: if you want to bet on an asset's demise (i.e. short it), you don't need a derivatives market, you just need to be able to borrow the asset and sell it. So you could accomplish the goal there by borrowing Monero and converting it to USD. A lot of smartcontract platforms let you do this -- including on other chains, where they hold a token convertible into the original chain's native unit. I bring this up because people are always asking what platforms are allowing me to short cryptocurrencies, which seems to miss that it's enough to just have a debt denominated in what you want to bet against.