@moneyguruu What happened in 2008 ? They wanted an instrument to short the housing market. Hence, they came up with something called as Credit Default Swaps (CDS). By bringing Bitcoin futures they just want to bet negative on Bitcoin. That's what is the problem with Big Institutions. Why do they do this ? Financial Industry is corrupt. Goldman Sachs, JP Morgan and companies like them just want power in their hands. 😡
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Powerful people never want them to look like less powerful ! They always want to dominate!