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RE: Nasdaq Exploring "Total Return" Bitcoin Futures Contract

in #bitcoin7 years ago

It's a difficult thing to predict. That pricing mechanisms are just totally broken. A loss of faith in USD could either end in hyperinflation from people offloading it, or end in a kind of ultra-deflation in write-offs and mark-downs because most of the currency out there is actually debt just masquerading as money. I've had to strike an awkward balance between cautiously protecting what I do have for hyperinflation, while also making some wild speculative gambles--just in case I'm wrong and it swings the other way. It's a chore trying to manage all of this in a market that is essentially built on compounding and self-reinforcing lies.

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