Sure fire way to send FTC to the moon - Buy Fuel Credits in Feathercoin
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[quote name=“zerodrama” post=“21686” timestamp=“1373949980”]
It would allow gas stations to ignore volatility in the fuel market.
[/quote]That’s brilliant. Customers too! I could lock in my cheap fuel price 6 months ahead of summer for the year, and I’d get a discount for buying in bulk.
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I’m surprised there isn’t something like this already locally with cash lol
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There is. What you’re describing is oil or gasoline futures.
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*slaps forehead* …is this a troll off? :P
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Hmmm, as I reread these posts I may be detecting a healthy dose of sarcasm.
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Nope. This is serious.
Not everyone has the ability to invest in futures.
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True. The contract sizes are rather large. The amount of money need to pull this off would be huge though. Essentially a transfer agent or brokerage would need to be established.
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[quote name=“tuneman1980” post=“21732” timestamp=“1373995862”]
True. The contract sizes are rather large. The amount of money need to pull this off would be huge though. Essentially a transfer agent or brokerage would need to be established.
[/quote]An options system is something that a competing coin is currently developing. It’ll be interesting to see how they approach it.
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I’ll stay tuned.
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[quote name=“[AWAY]Justabitoftime” post=“21733” timestamp=“1373997785”]
[quote author=tuneman1980 link=topic=2791.msg21732#msg21732 date=1373995862]
True. The contract sizes are rather large. The amount of money need to pull this off would be huge though. Essentially a transfer agent or brokerage would need to be established.
[/quote]An options system is something that a competing coin is currently developing. It’ll be interesting to see how they approach it.
[/quote]You just cleared up a huge block for me.
