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by wonderwonder
2148 days ago
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This would essentially mean that most winners on every trade in equities, crypto, forex (except for central banks I guess) etc. are committing theft. When individuals enter a trade on these markets its soley to make a profit, very rarely is it to take physical delivery of a good that will be used. You make a trade based on your assumption of which way the price of that asset will go. Someone else makes an equal and opposite trade. One person is right. There is not always a loser on every transaction as one person can think an asset has peaked and exit in profit while the asset continues to gain value, but eventually there will be a loser. Its a game that people play and there are winners and losers, but if everyone willingly enters then it is not theft. It could be considered legalized gambling I guess but everyone involved is a gambler. |
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