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Future of Money: Transferability of Dumb Currency
Further explanation into the evolution of dumb fiat currencies. Here we explore the transferability of money and I tease the introduction of BoomBust Bitcoin contracts which allow the synthetic shorting of BTC, hedging and assurance against capital controls, bank confiscation (bail-ins) and capital flight. Here are the first Bitcoin derivative contracts that allow you to hedge volatility (lord knows that's needed), take short positions (for all of those naysayers) and eventually leveraged long...
From: Reggie Middleton
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