Matt Wraith, CTO of Bitnomial, explains the arcane world of Bitcoin futures trading. Physical delivery vs cash-settled futures to exploring the possibilities of fork futures markets, Matt breaks down complex market mechanics with real-world examples. How could chain splits could be traded, the quantum computing threat to Bitcoin, and why having oil storage matters when futures go negative.
Subscribe to the newsletter! https://newsletter.blockspacemedia.com
Notes:
- Bitnomial founded 2014, launched futures 2020
- Oil futures went negative in March 2020
- Bitcoin Cash hashrate flipped BTC post-fork
- Quantum computer threat "5 years away for 30 years"
- Physical delivery requires actual BTC transfer
- Fork futures first appeared during SegWit debate
Timestamps:
00:00 Start
01:09 Founding Bitnomial
03:32 Regulatory changes
05:16 CTO role
06:09 Multiple hats
07:29 Futures
10:08 History of futures
12:38 Physical delivery
14:48 Storage costs
17:25 Clearing house
18:27 Cash settled
21:22 Bitcoin futures history
25:23 Forks & futures
37:02 Assets on Bitcoin
41:22 Restrictions on futures
45:04 Black Swan pricing
48:18 Quantum
52:52 Presidio Bitcoin Quantum Conference
55:36 Futures as governance
-
👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!
Enjoy the show? Check out our website and newsletter by clicking here.
Questions or want to sponsor? hello@blockspace.media
Learn more about your ad choices. Visit megaphone.fm/adchoices
Published on 3Â weeks, 1Â day ago
If you like Podbriefly.com, please consider donating to support the ongoing development.
Donate