Carmen Li
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328
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Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute
So that happens in every other market, right?
Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute
Every other market, if you do OTC trade, you have the risk someone will defund you, doesn't matter who they are, right?
Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute
So there's a lot of mechanism to hedge that.
Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute
The things you cannot hedge is GPU cost, right?
Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute
The price you entered.
Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute
So that's something exactly what CME Futures is for.
Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute
You can have the transparency and the liquidity and then the easiness of trading in and out and hedge your position.
Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute
This was great.