How many Americans actually own it?
It would be interesting to see if it were possible to know where they were mined. This may be an oxymoron, but more transparency may make the average joe more likely to invest in it.
BTC also has this going for them : “Fools” can go short, but the key is that shorting can’t be done properly, Taleb said.(https://www.marketwatch.com/story/nassim-black-swan-taleb-sa...)
With options you'd buy OTM puts. You could maybe even succeed purely on rising vol if they crank up the volatility even higher to 11 :-)
>To clarify: by this, Taleb means simply that there are no options on bitcoin (there aren't any, right?)
This is what he said. "Very big point. Futures that don't have deliverables require a very, very deep market. Otherwise someone long the future can push prices higher at settlement time with impunity, by "locking" profits (never having to resell a deliverable)." (https://twitter.com/nntaleb/status/939852491130396673?ref_sr...)
>Commodity Futures Trading Commission (CFTC)—the federal agency that does regulate futures trading. (https://www.sec.gov/fast-answers/answers-cftchtm.html)