Quote from: jyakulis on December 04, 2014, 04:21:17 PM

Saying we need derivatives are needed based on the conversion of bitcoins back into an unstable currency is a fallacy.

The point of derivatives was not to keep the price of Bitcoin at par to the dollar, but it can provide a hedge for those who want to use Bitcoin when their unit-of-account must be the dollar due to realities of their business.

But you missed the main point which has nothing to do with your assumption above.

Quote from: UnunoctiumTesticles on December 04, 2014, 12:56:05 PM

There isn't enough liquidity in the Bitcoin asset to accomodate the $200 trillion net worth.

Quote from: UnunoctiumTesticles on December 04, 2014, 03:25:45 PM

I am clearly writing about how to move more capital into the coin without necessarily increasing the price.

Amazes me how people can't reason things out. I can't imagine what it feels like to be average. Must be ignorant bliss.

Quote from: jyakulis on December 04, 2014, 04:21:17 PM

Get bitcoin out of the dollar and the dollar out of bitcoin and we shall see what truly happens.

I had presciently answered you:

Quote from: UnunoctiumTesticles on December 04, 2014, 03:33:52 PM

Quote from: jonald_fyookball on December 04, 2014, 02:58:36 PM

Also as the market cap grows,
there will naturally be more and more liquidity.

Non-sequitur to argue that something scales because it scales.