RE: Bitcoin Futures are a total joke. They may as well call them "Bitcoin Bananas"..!! by rawdawg

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· @rawdawg · (edited)
They are cash settled off a BTC index which is based on multiple different exchanges BTC prices.
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@goldgoatsnguns ·
$0.42
So what?  They are still cash-settled... and there is an infinite supply of dollars and a finite number of bitcoin.
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@rawdawg ·
"Being cash-settled contracts they have zero relation to the underlying asset"

100% incorrect statement
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