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RE: Bitcoin Futures is the Next Phase of Attack Against Cryptos
But what if I want to buy a futures contract, and mark it for delivery?
... oh yeah, they will just give me some paper dollars and tell me better luck next time.
What if some investors come out and say that CME only has enough bitcoin to honor 1% of their contracts, and tell everyone it is a scam?
... the media pundits will poo-poo the idea as conspiracy theory nut-job trying to crash the market, fear salesmen.
The Announcement says explicity, these contracts will be settled in cash, not bitcoins.