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by nikcub 3190 days ago
Currency pairs have the same counterparty and volatility risk - it is solved with hedges and other derivatives

There is nothing inherent in bitcoin to differentiate it from other currencies that doesn’t allow the same derivative infrastructure to be built out and offered (it already is)

1 comments

not many currency pairs swing in value by 50% any given week
yet I can buy a hedge today with a consumer market account in two clicks for a dozen currencies

There are plenty of countries with volatile or straight out hyperflating currencies that still manage to trade with the world

Wall St and finance market is 8% of GDP - this is what they do

sounds like a problem with the Bitcoin markets and not a problem with Bitcoin.