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A comment on CBOE Will Start Bitcoin Futures Trading on December 10. Parent comment

Re:CBOE Will Start Bitcoin Futures Trading on December 10 by nivertech on Monday December 04, 2017 @10:13AM (#15844390)
1.

   the question is not how scarce Bitcoin is
   the question is how abundant are fools
2. Your example is flawed, Bitcoin isn't an isolated ecosystem, it parasitizing on a global economy. HODLers even use USD as a Unit-of-Account, when bragging about paper gains.
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Re:CBOE Will Start Bitcoin Futures Trading on December 10 by notyourday on Monday December 04, 2017 @10:48AM (#15844728)
please illustrate how my example is flawed without hand waving.
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Re:CBOE Will Start Bitcoin Futures Trading on December 10 by nivertech on Tuesday December 05, 2017 @07:35AM (#15851334)
In your example you start with 4 players each having $100, but IRL there are many more players with many more dollars who can and will join this game and 4 original players will eventually willingly or unwillingly exploit them.

It's like Israeli Kibbutzim[1] had a members-only Communist-like system, by exploiting outside employees and living on government subsidies.

Most kibbutzim are not self-sufficient and have to employ non-kibbutz members as farm workers (or later factory workers).

[1] https://en.wikipedia.org/wiki/Kibbutz

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Re:CBOE Will Start Bitcoin Futures Trading on December 10 by notyourday on Tuesday December 05, 2017 @12:40PM (#15853595)
market is a closed system.
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