I am no economic analyst or wall street wiz or techno blockchain guru nor do i claim to be. As I like to say though I have a PhD in common sense and I Understand evil human nature and the desire to manipulate for power and money. As far as I am concerned , the desire to manipulate for power and money is what the Bitcoin futures market is all about. Wall street is not going to get into trading Bitcoin futures because they like the decentralized blockchain idea and want the power to be relegated to the people. The wall street types are getting into Bitcoin futures because they believe that they can use their money, resources, and connections to manipulate the market just like they openly do the various precious metals markets and suffer no consequences for doing so. That fact only emboldens them to do it to other markets like Bitcoin futures. I don't know who's decision it was at bitcoin to allow this to happen but it surely was made out of greed and not for the benefit of the bitcoin network. I personally hope that the whole bitcoin futures market just flops. I don't think crypto should have anything to do with wall street simply because of cryptos founding principals. Those greedy thieving scumbags on wall street that represent the elite of the world will only ever try to get more money and power and enslave us even further. They know that crypto is the average persons chance to get out from under the thumb of them and they know it so they are trying to get in now and control it. It wasnt long ago that they were all saying Bitcoin was a bubble, its going to pop at any time. Now they want to throw billions of dollars at it, that kind of say that but do this stuff doesn't jive with me. they are obviously already trying to manipulate everyone.
Call me a tinfoil hat guy if you want, it wont bother me. I am curious as to what everyone thinks about all this though. Please upvote and resteem and leave comments with your thoughts