3 ms·
> (the vendor of the financial product) who just sold something that was effectively worth nothing It's not necessarily worth nothing. It has a very high chan
by aianus 7y ago
> (the vendor of the financial product) who just sold something that was effectively worth nothing
It's not necessarily worth nothing.
It has a very high chance of going to $0, but it could also have a very small chance of going to $1 million so that the other party in this trade is not necessarily raking in a lot of profit (or any) by making this trade many times over.