Day archives: November 15th, 2015

The True Measure of Bitcoin’s Success

This commentary by financial analyst Ryan Davis supports the position that the price of Bitcoin should not be the primary measure of the state of Bitcoin, nor should any one metric be the primary measure of the state of Bitcoin. The true measure of the state of Bitcoin is a combination of everything from activity in GitHub repositories to the number of daily bitcoin transactions.

Subjects: Legal Research, Technology Trends

Bitcoin Derivatives – Independent Study Report

Financial analyst Ryan Davis describes the landscape of exchanges based in and outside of the U.S. that have begun to offer trading in bitcoin derivatives. TeraExchange completed the first bitcoin derivative trade on a regulated exchange in the U.S. on October 8, 2014 with its Bitcoin Non-Deliverable Forward (NDF) contracts. More recently, LedgerX has submitted applications to become the first regulated bitcoin options exchange in the U.S. Additionally, some exchanges are based outside of the U.S. but may have significant customer bases in the U.S. Bitcoin derivatives offered on these exchanges include futures, forwards, and options.

Subjects: Government Resources, Legal Technology