> Think of it as a tax on zero-sum financial activity. Except market making is not zero sum. > they hate financial volatility Why do you think there would be

> Think of it as a tax on zero-sum financial activity. Except market making is not zero sum. > they hate financial volatility Why do you think there would be less noise if the actors get higher costs while trying to converge on prices in the massively distributed system that is the global economy? Have you ever run a distributed database of some kind? Have you ever seen what slow network does to the performance of those?