Bitcoin Q&A: Futures Markets Video

Are there futures markets for cryptocurrencies? Are they dangerous for Bitcoin? Is there a risk of price manipulation? What will happen once traditional investors can become involved in cryptocurrencies this way? Many miners were already using futures markets in their business operations as a hedge against price downturns. Right now this economy is still just a trickle, so it is difficult to anticipate what the impact of traditional investment will be. Risk depends on the structure of the futures market. There is a great deal of risk in naked shorting, but as long as traders hold the underlying asset or sufficient collateral (ex. CME), the risk is reduced. The anticipated benefits of the emergence of futures markets include increased liquidity and reduced volatility.

Disclaimer: I serve on the Oversight Committee for the Bitcoin Reference Rate at the Chicago Mercantile Exchange (CME). As with all of my videos, this is not investment advice.

CORRECTION: At 1:36, I said that the famous Bitcoin pizzas were purchased in March 2010. This is incorrect. Laszlo Hanyecz
bought them for 10,000 BTC each on May 22nd 2010.

Chapters
0:00 Fiat currencies have interest rate markets which reflect the time value of money. What about bitcoin and other cryptocurrencies? Are you aware of interest rate markets for bitcoin?
1:47 Due to the rapid growth of cryptocurrencies, with a total market capitalization of $150 billion, give or take, when will we have a cross-over in the capitalization of the traditional monetary system? There is no way to stop the monetary system from wanting to come in. We are at the point where institutional investors can't help themselves. We haven't done the cross-over math, but have you considered that or done any equations around it?
3:46 Gold bugs complain that the futures markets are used to manipulate the price of gold. Is there a risk of price manipulation in bitcoin with futures markets, particularly naked shorting?

The first question was part of the talk "Proof-of-Work and Immutability: A Planetary Scale Digital Monument" - https://youtu.be/rsLrJp6cLf4

The second question was part of the talk "Money As A System of Control" - https://youtu.be/FyK4P7ZdOK8

The third question was part of the first monthly live Patreon Q&A session on November 27th, 2017. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop

RELATED:
Who determines the value of bitcoins? - https://youtu.be/DucvYCX1CVI
Price volatility, pegging, and stability - https://youtu.be/9KPyflyHP6s
Price premiums and arbitrage - https://youtu.be/B4tsk-ZiHuE
What is mining? - https://youtu.be/t4p4iMqmxbQ
The Switzerland of currencies - https://youtu.be/pV83Qmy578c
Will governments ban cryptocurrencies? - https://youtu.be/LIQkuF_I5Xo
Microfinancing and streaming money - https://youtu.be/xs6hUcfuX9w
ICOs and responsible investment - https://youtu.be/C8UdbvrWyvg
ICOs and financial regulation - https://youtu.be/Plu_WX3Gs8E
The end of vampire-squid financing - https://youtu.be/yyXOQG5iNWo
Fee markets, SegWit, and scaling - https://youtu.be/zxt-FLzZPhg
Impact of smart contracts on law and accounting - https://youtu.be/K-TRzuPwJCc
Why developers and leaving banks - https://youtu.be/GqOZ4IAQ-xQ
What is the biggest adoption hurdle? - https://youtu.be/jHgyHF3F2TI
Job opportunities with cryptocurrencies - https://youtu.be/89_p4pDlQtI

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.

Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/

He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.

THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8

[NEW] THE INTERNET OF MONEY, v2: https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/194791006X/ref=asap_bc?ie=UTF8

MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042

[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388

Subscribe to the channel to learn more about Bitcoin & open blockchains!

Music: "Unbounded" by Orfan (https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
Join the aantonop Channel: https://aantonop.io/joinaantonopyt

About the Site 🌐

This site provides links to random videos hosted at YouTube, with the emphasis on random. 🎥

Origins of the Idea 🌱

The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. 🧠

Challenges Faced 🤔

Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.

Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. 🔍

Creating Truly Random Links 🛠️

The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.

About YouTube 📺

YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. 🌟

Content and Users 🎵

Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.

While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.

Monetization and Impact 🤑

YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.

As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. 📈

List of ours generators⚡

Random YouTube Videos Generator

Random Film and Animation Video Generator

Random Autos and Vehicles Video Generator

Random Music Video Generator

Random Pets and Animals Video Generator

Random Sports Video Generator

Random Travel and Events Video Generator

Random Gaming Video Generator

Random People and Blogs Video Generator

Random Comedy Video Generator

Random Entertainment Video Generator

Random News and Politics Video Generator

Random Howto and Style Video Generator

Random Education Video Generator

Random Science and Technology Video Generator

Random Nonprofits and Activism Video Generator