bitbybit on Nostr: The futures market is extremely fiat because no one ever stands for delivery of the ...
The futures market is extremely fiat because no one ever stands for delivery of the product. Similar to how fractional reserve banking works, people never redeemed the slips backing the gold. Until people take delivery of coins off exchange it won't budge.
Published at
2024-06-08 12:38:44Event JSON
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