Watch The Gyrations Of Famed Fake Currency In Real Time

While we're embracing the madness of the great unraveling, let's trade some Bitcoin futures.
By AntanaCoins (Own work) [CC BY-SA 3.0], via Wikimedia Commons

By AntanaCoins (Own work) [CC BY-SA 3.0], via Wikimedia Commons

Looking for something to take your mind off the unfolding horror that is real life? Look no further than the Chicago Mercantile Exchange, which on Sunday launched a real-time index tracking the wild swings of bitcoin. And, with any luck, soon you’ll be able to buy real-live futures contracts on the eminently imaginary currency, meaning you can have a piece of the virtual pie without having to deal with drug dealers, assorted fraudsters or the Winklevosstwins.

“Our products launched will bring greater transparency to the bitcoin market,” said a CME spokeswoman. “We have a long history of developing nascent markets across asset classes for this same reason.”

The bitcoin exchanges contributing data to CME’s indexes “have been extensively vetted,” the spokeswoman added.

Bitcoin Futures Might Be Coming Soon [WSJ]