Bitcoin: Leo Melamed of CME group thinks they can 'tame' Bitcoin - HA!steemCreated with Sketch.

in bitcoin •  7 years ago 

[Quote: Shahir Zag]

Leo Melamed thinks CME group is going to 'regulate' Bitcoin:


Perhaps he missed the part where people like Bitcoin because it is decentralized and not subject to outside governance.

Although providing a futures instrument as a hedge for Bitcoin prices may offer stability in the market, it also has the potential for abuse as we observed during the 2008 global financial crisis.

Another possibility is that another cryptocurrency gains traction instead of whatever coin CME claims to have 'tamed', thus keeping the market free!

What do you think?
Leave a comment, get an upvote!
Source: Coindesk

bitcoin cryptocurrency beyondbitcoin cmegroup blockchain
7 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    1 vote
    0
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!