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This feels like promoted content for the paper, which is hidden behind an lead generation form. The author is debating using distributed ledgers for security t

This feels like promoted content for the paper, which is hidden behind an lead generation form. The author is debating using distributed ledgers for security trading, which I don't think anyone is seriously considering. Even if they are, the author is narrowly defining such a system and then attacking it based on it's narrow definition, without exploring the option of other financial instruments filling the gaps. I'm critical of blockchains/distributed ledgers/etc. in finance but this article just seems bizarre, until you try to see the original paper and hit a form wall.

etherael 7y ago
Thanks for the summary. The egregious attempts to accrue data these days are getting annoying. > They author is debating using distributed ledgers for security trading, which I don't think anyone is seriously considering. https://www.tzero.com/ https://www.tzero.com/ You mean like this? It's interesting the way commentators tend to take all pieces of some random slice of the blockchain space as "the way things are always will be and must be by definition", especially without even seeming to realise that's what they're doing as you say with the example of assuming that you can only possibly use credit rather than debit instruments on a DLT.
howard941 7y ago
I think it promotes FT's content as one of the few subscribeware products FT produces that isn't sealed away behind FT's paywall. I used to enjoy reading it on an RSS-like client (on a Palm device of all things-- it was that long ago) but I'm absolutely not financially savvy enough to gauge its credibility.
3xblah 7y ago
"This feels like promoted content for the paper, which is hidden behind a lead generation form." Here is the link to the PDF: http://perspectives.dtcc.com/downloads/get?id=ce92d881-24b1-4f3a-8e7b-d1ac11d7c5c6 http://perspectives.dtcc.com/downloads/get?id=ce92d881-24b1-...

etherael 7y ago

Thanks for the summary. The egregious attempts to accrue data these days are getting annoying. > They author is debating using distributed ledgers for security trading, which I don't think anyone is seriously considering. https://www.tzero.com/ https://www.tzero.com/ You mean like this? It's interesting the way commentators tend to take all pieces of some random slice of the blockchain space as "the way things are always will be and must be by definition", especially without even seeming to realise that's what they're doing as you say with the example of assuming that you can only possibly use credit rather than debit instruments on a DLT.

howard941 7y ago

I think it promotes FT's content as one of the few subscribeware products FT produces that isn't sealed away behind FT's paywall. I used to enjoy reading it on an RSS-like client (on a Palm device of all things-- it was that long ago) but I'm absolutely not financially savvy enough to gauge its credibility.

3xblah 7y ago

"This feels like promoted content for the paper, which is hidden behind a lead generation form." Here is the link to the PDF: http://perspectives.dtcc.com/downloads/get?id=ce92d881-24b1-4f3a-8e7b-d1ac11d7c5c6 http://perspectives.dtcc.com/downloads/get?id=ce92d881-24b1-...