3 ms·
Transparent? Does everyone know who the handful of individuals are that hold 90+% of all coins? Do they report their transactions to the SEC? Do they manipula
by akrymski 9y ago
Transparent? Does everyone know who the handful of individuals are that hold 90+% of all coins? Do they report their transactions to the SEC? Do they manipulate or distort the market? Do they advertise and promote securities without retail investors knowing about it?
Wolf of Wall Street was also pedalling stocks that people bought at their own risk. This is now illegal, because it leads to the same price dynamics as a ponzi scheme or a speculative bubble. HFT firms manipulating the market with large sums - also illegal. To think that the crypto market has no insiders is very naive imo