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Comment by Kiro | Hacker News Reader

One difference is that NASDAQ is a name everyone in the world knows while CME is fairly anonymous. Yes, I know they are bigger but I can assure you that if you ask random people in my country most would know NASDAQ while very few would know CME. Seeing NASDAQ is adding it will add to the hype.

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CME is the largest options and futures contracts exchange in the world...

> Seeing NASDAQ is adding it will add to the hype.

Alright, I see your point. You’re considering how this announcement will affect the bitcoin price.

Random people in your country are not the target audience for this.

... target of bitcoin hype tho?

"CME is fairly anonymous".

What planet do you live on?

>> "Yes, I know they are bigger but I can assure you that if you ask random people in my country most would know NASDAQ while very few would know CME"

Just go out to a target and ask 5 people... Unless you live on mars already.

I imagine I'd get three "CME? Dunno WTF that is", "How about Chicago Mercantile Exchange?", "Oh yeah, I recognize that from the boring parts of morning news updates on the radio. They do something with soy beans, right?" and two "yeah, still dunno. Is it a farmer's market?"

Midwestern US city (not Chicago).

Outside of the US I don't think many would know what Chicago Mercantile Exchange is though while most would probably know Nasdaq.

But every single person who is qualified to trade futures would know about the CME... It's the 900lb gorilla.

Indian here, never heard of CME before. NASDAQ yes.

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