Bitcoin Market Represents Past And Future

Like many, the more I learn about Bitcoin and cryptocurrency markets, the more I see the future of the world economy. However, as a former market maker that started trading equity options on the floor of the Chicago Board Options Exchange in 2001, when it comes to trading in this industry, it feels a lot like old times.

At this point, there’s been so much discussion around how Bitcoin will revolutionize the world, we almost take it for granted. There is a seemingly endless list: It will transform the monetary system; provide banking to the bankless; create an inexpensive and seamless global payments network while generating a non-inflationary currency; provide the monetization of energy, digital real-estate and the currency of the internet — all while eliminating the double spend. I could go on!