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Other Voices: An Open Letter on Bitcoin Futures Standard

A lot of ink has been spilled over bitcoin and its variants. Lately, the conversation seems to be focused on whether trading bitcoin futures is a good idea. For what it’s worth, my view is that it isn’t a good idea – it’s a great idea.  Consider the following;  The futures industry exists to facilitate the transfer of risk. What asset (if that is what bitcoin is) could be more in need of risk management tools? Applying rigorous risk management to bitcoin can only help stabilize and legitimize crypto-markets.  Bitcoin and all of its variants can benefit from some supervision….