Well if the author is being honest and truly believes what he is writing, then this passage really made my year:
Overwhelming demand
When Terry Duffy, CME's CEO, says it's offering bitcoin futures in response to customer demand, I'm sure he’s right.
I know from writing brochures for commodity trading advisors that money managers want non-correlated assets. That's the only reason they own gold.
When the stock market tanks or a terrorist attack happens, that's when gold rallies. After 9/11, the stock market dropped over 7 percent, but gold spiked.
Bitcoin, like gold, is a perfect non-correlated asset to add to an investment portfolio. I am not surprised that there is such overwhelming demand for bitcoin futures from traders. Now, every trader is going to have the option to invest right there on their screen without having to do the onerous work of buying and securing bitcoin itself.
What that essentially answers then is what is on a LOT of Bitcoiner's minds like myself: Will Bitcoin be treated like an equity or like a hedge asset (i.e., Gold, Silver, etc.) during another market shock? Sounds like the latter.
