You are viewing a single comment's thread from:

RE: Will ETH Futures Bring the Bull Market Back?

in #ethereum6 years ago

Well since BTC CME futures came in we've seen a study decline in the price since the first futures contracts expired. I don't see how financial derivatives on cryptocurrency benefit the ecosystem as a whole. All they're doing is hedging bets against the growth of what utlimately should replace the system they're currently using. It seems like a way to bleed out crypto in its infancy and slow down its impact, its only really delaying the inevitable shift. Innovation cannot be stopped