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by yrral
1601 days ago
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> All of these tools are strictly regulated specifically to avoid that collapse. Because we learned from when they collapsed before not to let them run wild and do whatever they wanted because it's a bad time. But regulations didn't come before the credit card did right? Only after they were invented were regulations built. Let builders build. > Only some fraction of the data is open. We're talking past each other here. I'm talking about a subset of algorithmic stablecoins > They're not good investments because they're overpriced, but they're not zero-sum. They have customers and the intrinsic value of the shares increases (ideally) through dividends, buybacks and capital reinvestment over time. They're not zero sum. AMC, GME do not make money, so profits don't cover corporate expenses. They are quickly bleeding money. |
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