Impending UK restrictions on derivatives presents opportunity for Bitshares.

in #bitshares8 years ago

The FCA found that 82% of people who use the products lose money, suggesting it is more akin to gambling than investing.

Of course, gambling (ex-CFD) is a legal staple of the UK economy, and whereas in Bitshares today there is no leverage provided to users, the FCA have concluded that 25x is sufficient for beginners - down from as much as 200x.

Just one more ten-fold reduction (for beginners), and they'd have a system almost as systemically robust as Bitshares.

http://uk.businessinsider.com/ig-plus500-cmc-markets-fca-cfd-crackdown-shares-leverage-2016-12

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