why bad things are happening...it's no accident

[biglentil]

Hilarious a thread on counterparty risk, something we are all exposed to when marketing and hedging commodities gets redirected.

[wrongway]

Now that the US SEC has paved the way for ETF's on bitcoin...
we can buy ETFs(paper, not real) that own options(derivatives, not real) on bitcoins(electrons not real) with fiat money(not real) printed by a government wanting to keep voters happy to get reelected.
Everything is fine...really.

[agstar77]

I hear PP thinks it is a good idea.

[TOM4CWB]

I think it’s a good idea too!
Knock yourselves out!

Many Blessings!
Cheers!

[AlbertaFarmer5]

I hear PP thinks it is a good idea.

You are smart and creative enough to come up with your own original material, you don't need to emulate Chuck every step of the way.
He's hardly a role model.

[agstar77]

Fine, crypto is just another ponzi scheme fueled by greed. The SEC have given in to greed as well. They will rue the day this was allowed.