Broker for financial products and Bitcoin
- Thread starter TerraVerde
- Start date
peer to peer instruments are along the lines of airline miles. The airline is my counterparts risk. If you are saying Bitcoin is a peer to peer instrument, who is the counterparty ?Similar risks hold for any physically held peer-to-peer stored instrument. Cash can be lost, gold coins can be stolen, bags of coffee can be damaged by flood, the disk that holds your crypto wallet can crash. At least crypto can be backed up; no way to back up gold bars!
Maybe insurance... I wonder if anyone is selling cryptocurrency insurance? Can I buy a policy to protect against loss of my bitcoins?
Why do you say that peer-to-peer instruments are along the lines of airline miles? Are you suggesting that "counterparty" is some form of central server? Google defines peer-to-peer (emphasis mine) as:
Google said:
Bitcoin is transferred directly from one wallet to another. Example: I give you $20 to wash my car; the deal is just between the two of us. In the same way, I can give you bitcoins to wash my car, and no third party is necessary. The only difference is that the currency goes over the wire--from my cryptowallet to yours--instead of hand-to-hand. I don't see any counterparty, unless I misunderstand your question.
Just found this:
"Another bitcoin ETF, proposed by SolidX Management, was also rejected in March. The third one proposed by Grayscale’s Bitcoin Investment Trust (GBTC) is being reviewed and a decision is due by Sep 22."
That would be funny if they were the first approved and not the Winklevii...
I can recommend one european broker, but i suppose it can be considered as advert, so write me in private, it provides btc and eth with long/short up to 3x leverage, but i really don't recommend to use leverage in this crazy stuff
Partia LDPR? zdes u nas svoia tema.