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Its not clear to me why it is fundamentally more acceptable for Wall street to speculate on "crazier things every day before lunch". The money hedge funds are m
by burnished 6y ago
Its not clear to me why it is fundamentally more acceptable for Wall street to speculate on "crazier things every day before lunch". The money hedge funds are making isn't coming out of nowhere, its not like the games they play are net positive. Their big pay outs are still coming out of the pockets of regular people. It seems like the difference with Bitcoin is that an individual gets to choose whether they want to participate or not.