[Cryptography] Cryptocurrency: CME Approved, Coin Paychecks, FED, OpenBazaar ZEC BCH

[Patrick]

Henry Baker wrote on 12/03/2017 12:07 PM:

> At 12:09 PM 12/2/2017, Jerry Leichter wrote:
>> I'm trying to think of a way to short Bitcoin....
> 
> That's an interesting question.
> 
> Yes, Bitcoin futures will be traded, so you could "short" those, but
> wouldn't it be simpler, and more in line with the general philosophy
> of cryptocurrencies, to simply allow *negative* balances, so
> "shorting" would already be built into the cryptocurrency
> blockchain?


Putting loans on the blockchain could be fine in theory, but if you're
going to borrow bitcoins from *me*, you'll have to pay me a market
interest rate, in bitcoin, and put up some collateral subject to forfeit.


-- Patrick