Tag: derivatives

Bitcoins, Taxation and Hedges

I am referring to the two major bitcoin-related developments that happened this week of course. First, the first ever bitcoin swap agreement took place. It would work like this: An institution would ensure that a company accepting bitcoin for payment gets…

Myths about Derivatives

Although my students already know that some of these are myths, it does not hurt to be reminded of them every once in a while. Here is a sampling of the first myth, that includes the story of Thales, one…