This is Arthur Hayes

not really futures are very important for example they allow you to get into bitcoin at any price doesn't matter if you trade in a simple and disciplined manner you will make more btc and not lose dollar value.

futures also allow producers to hedge against price drops in this case the miners probably shorted btc at $13k to 14k and will be fine with btc dropping below $3k even for a year.

it's just degenerate gamblers misusing (and bitmex encouraging them of course) an awesome tool of wealth preservation.

Authur, hasn't renounced his Burger citizenship, Bitmex is under US Jurisdiction!
HA HA HA HA HA HA

oh and did i mentioned that leverage trading futures also allow you to safe keep the bulk of your btc away from exchanges? yeah you can manage your risk and loss much much better.

Back to africa you immigrant piece of shit

it's not that simple if a chink company has a us citizen ceo (would be weird i admit) does it get under us jurisdiction? lol don't be a retard.

Not so much. It is an awesome cheap service for sending money. As well as the most scarce and secure crypto asset, the backbone of all sat value, and also the first generation crypto coin?
Gotta be useful for something else clever.

DIN

>lol don't be a retard.
P R O J E C T I N G
You arrogant Zoomer cunt, Read you fucking tard! look @ section D,
law.cornell.edu/cfr/text/31/515.329

Apologise!

How

All true. But without a Clearing House, bitmex doesnt fulfil that function. Do you know your wins are capped at 30,000 btc SHARED AMONG ALL GAMBLERS while your losses are unlimited? And the platform is skewed heavily against you with the massive leverage. This isnt some ecosystem support operation. This is a predatory casino fullstop.