BREAKING NEWS: Owner of New York Stock Exchange to Launch Physically-Settled Bitcoin Futures Contracts

in institutional-investment •  6 years ago 

If this means they are buying lots of BTC, November is going to be a good month for HODLers. Pending regulator's approval, which I would count on. It has been said the ETF from the Perrywinkle Twins was denied because they aren't part of the club. These guys are very much part of the club.

Read more: https://www.ccn.com/breaking-worlds-biggest-stock-exchange-operator-is-launching-a-bitcoin-market/

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I should be giving @crypt0 the credit for bringing the idea of club membership to my mind.

“As the flagship retailer, Starbucks will play a pivotal role in developing practical, trusted and regulated applications for consumers to convert their digital assets into US dollars for use at Starbucks,” said Maria Smith, Vice President, Partnerships and Payments for Starbucks

A well worn criticism of the lightning network concept becomes reality:

Sprecher said in the Fortune profile. “To evolve, the cryptocurrencies need to run on established infrastructure. They need the trust and rules that have been built into our financial system for many years. They need the kind of trust that the Big Board represents.”

LOL. Doesn't mean WE have to use their lightning networks.

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