@jrcornel. I agree that the hedging opportunities that become available with options can help regulate some risk, making deals future proof to some extent and hence large multinationals and financial institutions will look at the crypto currencies as better trading instruments. At the same time, since the market cap of crypto currencies is so low compared to traditional trading space, this will also attract rogue firms who will manipulate the value by pump and dump kind operations designed to move the currency rate towards their preferred position. You have correctly highlighted this. Well, for every good tool, there is also the risk of improper use. However, overall, this will enhance the acceptance level of crypto currency in financial markets. Therefore it is a good thing in my opinion. Thank you for sharing this important update and your expert views on it. Upvoted.
At my end, I just continue my focus on my passion - my wildlife blogs. I have posted a blog about a Date with a Lioness in Africa that you may find interesting. I would be honoured if you visit and provide your valuable comments. Thanks.
Yep, my thoughts exactly. Thanks for commenting!