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Yes, it's main innovation is "not doing KYC" For those with a longer history on Wall St, it was essentially a new asset class with all the easy money arbitrage
by steveBK123 5y ago
Yes, it's main innovation is "not doing KYC"
For those with a longer history on Wall St, it was essentially a new asset class with all the easy money arbitrage opportunities that went away in equities 20+ years ago back again.
- xadhominemx 5y agoStrategies that haven’t worked in regulated markets in 25-30 years are still minting cash in crypto.
- steveBK123 5y agoArguably "not doing KYC" was also Robinhood's secret sauce..