The Simpsons Cryptocurrency Episode - "Frinkcoin"

Cryptocurrencies are getting more popular than ever. Recently Bitcoin, Litecoin and Dogecoin symbols have been spotted in The Simpsons latest episode titled "Frinkcoin".  Frinkcoin is the 675Th episode of American animated sitcom which aired on FOX Channel February 23rd 2020. The plot of the comedy evolved around the development, adoption and the demise of Frinkcoin cryptocurrency. The show brought the subject matter to a wide audience and is quite educative about blockchain. In a very funny way of course.

Watch it on Fox

Many crypto advocates highlighted the episode on Twitter in celebration. Despite Litecoin being hilariously featured in an anti-blockchain formula; Charlie Lee the creator of Litecoin, was one of the first to tweet his excitement about the mention. 




Also on Twitter, @TheSimpsons account is having fun with the audience and the crypto community by running an asset pool. "Which one would you invest in?" With FrinkCoin taking the lead agains gold, renmin…

LedgerX just launched the first physical Bitcoin futures contracts in the USA


Ahead of Bakkt and TD Ameritrade, LedgerX now offers physical Bitcoin futures contracts in the USA for both institutional and retail investors.  According to Coindesk: "Any U.S. resident with a government-issued I.D. can now trade futures contracts for real bitcoin." That is enabled by LedgerX newly released Omni platform 





In light of the negative statements made about Bitcoin by US president Donald Trump and the treasury department few weeks ago.  As well as the regulatory questions raised by Facebook Libra, the news of an approved Physical Bitcoin ETF is a very positive surprise for crypto supporters. 

 Erik Voorhes CEO of Shapeshift, made an announcement on Twitter stating:  "Pretty dope... Moreover, customers don’t need to put U.S. dollars in to bet on the product. Chou explained that traders can buy contracts using bitcoin." Traders now can simply deposit bitcoin instead of dollars when purchasing a contract. The CEO of LedgerX, Paul Chou explained in detail "not only are they delivered physically in the sense that our customers can get bitcoin after the futures expires, but also they can deposit bitcoin to trade in the first place,” he said. “Cash-settled is cash-in and cash-out, we’re bitcoin-in and bitcoin-out." 

Coindesk explains that for the first time Bitcoin can be used as a collateral for a contract that is sold by a regulated company. And that brings significant advantages

  • No need to wait on time limitations from the banking systems, such as wire transfer times, and business hours. Ex: Bitcoin can be traded anytime and anyday while banking system stops on weekends.
  • Physically-settled contracts can potentially be less sustainable to manipulation than cash-settled futures contracts.
  • No need for contact with the banking system. Cryptocurrency, in this case is the only collateral. 

Few competitors will certainly come along now that LedgerX has received the necessary CFTC approvals. As for the price, Bitcoin has shown a 3.8% increase in the last 24 hours.

By: Michelle Mafra (Mamacrypto) 
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