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> Naked short selling is running rampant and the system is protecting these crooks who essentially resell the same shares repeatedly. > Stock trading must inev
by donmcronald 5y ago
> Naked short selling is running rampant and the system is protecting these crooks who essentially resell the same shares repeatedly.
> Stock trading must inevitably take place on a blockchain: it is the only means to publicly verify accurate data. The current system with self-reported data and slap on the wrist fines is completely ridiculous.
I don’t know if blockchain tech is up to the task, but I agree in the context of non-negotiable, immutable transparency. It’s the only way we’ll ever find out just how corrupt Wall Street actually is. IMO the answer is very!