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I mean, if someone showed by some great new innovation to let HFT shops move faster, I'd also be a bit nonplussed. If the answer is just "well, this is no more
by Imnimo 5y ago
I mean, if someone showed by some great new innovation to let HFT shops move faster, I'd also be a bit nonplussed. If the answer is just "well, this is no more useless other frivolous* money games", then I'm not really convinced.
*frivolous in the sense of real utility. Obviously they make boatloads of money.
- sjtindell 5y agoSure. I guess what I’ve come to accept more is that what people on Wall Street do is real. Games are real. I don’t personally buy into the “new world currency”, “real world use case, I’m gonna own my house on a blockchain” lines of thinking. The use case is still being fleshed out but in my opinion it’s much more likely to produce lots of Citadels than lots of Amazons or Googles if that makes sense. Whereas I think that HN believes it will just go away because it’s all a scam.