Thursday, 29 September 2022

If you buy 1 BCH and short 1 BCH on futures, you effectively have digital US Dollars (since the BCH is hedged) that can be sent anywhere for fractions of a penny. So for those worried about volatility, this is a solution for them. No need for paypal/Visa/WU.

If this can be done automatically on the backend of some app, it literally would be an amazing wallet.

Obviously the futures part relies on custodial services (futures contracts due to high liquidity and low fees).

For small amounts this kind of app would be great for daily use.

submitted by /u/big--if-true
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source https://www.reddit.com/r/btc/comments/xqn3om/if_you_buy_1_bch_and_short_1_bch_on_futures_you/

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