Volatility is the problem that leads to the question, “Why can’t Bitcoin be purchased on a futures market like oil?” Oil also has an issue with volatility, as can be seen every time a major refinery catches fire, or an oil producing nation decides to turn the taps off. But with oil and other commodities, futures are based on a delivery of tangible product, like an actual barrel of oil or bushel of wheat. With Bitcoin, there are no actual coins, there is simply the value of those coins, agreed upon by its users and miners, and based on faith paired with scarcity. The futures market will likely grow and gel into something globally useable, but it, too may have to go through a fork or two to peel away the variances and emerge with a (mostly) universally accepted platform that remains true to both the “ownerless” status of cryptocurrencies, as well as something regulated and reliable. That’s a tall order.