Money Stuff
Blockchains.
Bloomberg’s Tracy Alloway bought 24 cents worth of crude oil in a glass bottle, named it "Williston," then sold it forward to Izabella Kaminska of the Financial Times. "Kaminska insists on paying me by blockchain," which means that it is just possible that this is the first physical commodity derivative ever to be settled via blockchain? Let me know if you have earlier examples. Otherwise, congratulations all around! "In the […]