Bitcoin CME futures

A rare mix of uncertainty and excitement

By Percy Venegas www.EconomyMonitor.com

Futures and Options markets protect against the risk of the passing of time, and the things that change with it, like prices. And ultimately, derivatives can be seen as a network of fluid flows that change over time — because hedgers transfer risk, and speculators absorb that risk. But what are the emotions behind the forces of demand that are bringing digital asset derivatives for the first time in history, and how do they flow? We used 17877 posts, 22245 mentions, and a year worth of behavioral data to find out. After all, from Aristotle we know that this device is not only timeless but universal.

All these methods are serviceable for those who value wealth-getting, for example the plan of Thales of Miletus, which is a device for the business of getting wealth, but which, though it is attributed to him because of his wisdom, is really of universal application. Thales, so the story goes, because of his poverty was taunted with the uselessness of philosophy; but from his knowledge of astronomy he had observed while it was still winter that there was going to be a large crop of olives, so he raised a small sum of money and paid round deposits for the whole of the olive-presses in Miletus and Chios, which he hired at a low rent as nobody was running him up; and when the season arrived, there was a sudden demand for a number of presses at the same time, and by letting them out on what terms he liked he realized a large sum of money, so proving that it is easy for philosophers to be rich if they choose, but this is not what they care about. — Aristotle, in Politics

Interest around the globe

Virtually every country is talking bitcoin futures.