Earlier this week, leading US electronics retailer Newegg expanded its bitcoin integration to its platform in Canada, allowing millions of customers based in Canada to pay for products with bitcoin.
Featured image from Shutterstock.
“I think it’s fabulous that they’re getting into it because it brings in new liquidity. They’re going to develop futures markets, options markets, I even think you’re going to start to see interest rate markets around bitcoin. We’re used to hearing things about Libor, the index for bitcoin interest rates is Bibor,” Matonis noted, emphasizing that the emergence of bitcoin-based investment vehicles would lead to overall improvement in liquidity and stability...Click here to know the details story
AUTHOR
Joseph Young
