Post
Topic
Board Bitcoin Discussion
Re: One opportunity no one in Bitcoin universe talks about
by
thelonecrouton
on 07/12/2014, 09:42:51 UTC
One has not fully grasped the stupidity of the the whole financial sector until one has understood derivatives. It's howling mad nonsense like derivatives that are responsible for the current worldwide economic shambles.

It's sad that 6 years after financial crisis people still blame imaginary objects for problems. The problems aren't derivatives, the problem is the government, but the main problem is YOU who believe in every shit someone tells you about. Governemt is their to create moral hazard and lure people into hell.

Derivatives are OK, they are good and needed in this world. Peoples and companies need to hedge to save their asses from unexpected things.

Your first problem there is that you seem to believe there is any meaningful difference between government and the banking system. Your second is your belief that convoluted imaginary structures to facilitate the breeding of yet more paper currency out of existing paper currency while bleeding the general population dry are 'good and needed.'


I knew that but your point though is so far out-of-context from the OP. I am clearly writing about how to move more capital into the coin without necessarily increasing the price. For example, with bets long and short, they cancel each other out and allow people to hedge.

Think about this paragraph for a minute. "Let's cram shitloads of (someone elses) money into something without making it worth any more, so we can gamble with much bigger amounts!"