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Welcome to day 23 of my Bitcoin Advent Calendar. You can see an index of all the posts here or subscribe at judica.org/join to get new posts in your inbox In today’s post we’re going to talk about derivatives and options. Hoooo Boy! Let’s define an Option: An option is a contract that gives the holder the right to take an action to the detriment of a counterparty. Options can be created for…
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