Just a quick follow-up for anyone who might be interested...

Back before this thread was polluted by MPOE-PR trying to find her bearings, I mentioned my "Selling the Froth" article which explained a simple hedging strategy for generating Bitcoin-denominated returns without needing to take a directional view on Bitcoin versus fiat. Today I published a one-month followup to that article, noting that the strategy has returned 14% during the last month.