Viewing a response to: @jrcornel/an-unexpected-source-of-demand-for-bitcoin
Wow... I did not know this, at ALL. Although-- on some level-- it makes sense. Corporations hedge all the time... if some risk assessor decides there's a real cause for alarm, why not put in some BTC at $500, "just in case" you need to pay a ransom note when BTC *could* be $1500? I remember when Southwest Airlines were kicking all the other airlines' butts because someone at SWA had the foresight to buy huge volumes of fuel futures when they were super cheap.
author | denmarkguy |
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permlink | re-jrcornel-an-unexpected-source-of-demand-for-bitcoin-20170518t215407993z |
category | bitcoin |
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root_title | "An Unexpected Source of Demand for Bitcoin?" |
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There you go. One step ahead... always.
author | jrcornel |
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permlink | re-denmarkguy-re-jrcornel-an-unexpected-source-of-demand-for-bitcoin-20170518t215939389z |
category | bitcoin |
json_metadata | {"tags":["bitcoin"],"app":"steemit/0.1"} |
created | 2017-05-18 21:59:39 |
last_update | 2017-05-18 21:59:39 |
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root_title | "An Unexpected Source of Demand for Bitcoin?" |
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