Why don`t we do something to force CME to cancel BTC futures trading.Maybe write a petition or
raise awareness.
Why? I'm pretty much a proponent of free markets, and derivatives is a part of that, like it or not. It's also a natural extension of what's become a very popular asset--bitcoin. Futures in bitcoin were bound to come along sooner or later.raise awareness.
LOL at writing a petition to get bitcoin futures eliminated. That's not gonna happen. I don't think petitions are effective for even the most noble of causes, and this isn't one of them. I don't see any reason why we should be seeking to do away with more ways to trade bitcoin. Just because you can trade a derivative of an asset doesn't mean the market is manipulated. Precious metals whackos have been crying foul for the same reason for many years--probably ever since gold & silver futures hit the market.
