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RE: Bitcoin Bears Unleashed? Interactive Brokers Folds, Will Allow Clients To Short Futures

in #bitcoin7 years ago

Being on the long side of a short squeeze really is a fun ride. I hope we see it with bitcoin.

This is an instrument unlike any other that Wall Street has ever seen. They are treating it like just another financial tool for them to play around with yet it is more than that. This could lead to them getting destroyed by taking the same approach as always.

Bitcoin keeps going up for a reason....it is a new model of how business is going to be conducted in the world. While it might not be the "winning" blockchain, it is the one that gets the publicity.