Post
Topic
Board Announcements (Altcoins)
Re: DCORP Crowdsale - Democratizing Venture Capitalism
by
dihari
on 09/06/2017, 14:04:10 UTC
Even if the project was much bigger than it is, and the fail factor greatly reduced, it is about derivatives. Of all things wrong with fiat, wrong with the world, wrong with trading in general... derivatives are the worst. It makes cancer seem like a tummy ache from eating a bit too much candy. Please keep derivatives away from cryptocurrency, don't poison the wells that much.

One of the uses of derivatives is as a tool to divert risk. wiki : Derivatives are used by portfolio investment / management managers, corporations and financial institutions and individual investors to manage their positions against risks from stock and commodity price movements, interest rates, foreign exchange rates without affecting the physical position of the underlying product.
fyi Dcorp is not the first and the only platform that adopted derivatives. So please explain your words specifically about why derivatives should not apply in cryptocurrencies.