> So somebody is making mad money from arbitraging them? Literally the opposite, b/c if they were, the arbitrage gaps would close! That's how arb. works! >Som

> So somebody is making mad money from arbitraging them? Literally the opposite, b/c if they were, the arbitrage gaps would close! That's how arb. works! >Someone's loss is someone's gain. Sure, if your argument is that crypto's main use case is tricking retail into being fleeced by institutions, then I agree with you. >Please try sending money from China to the outside and report back. You mean the country that will send you to jail for 10 years for transacting in crypto? >You can do other things with assets than "buy and pray" Uhhh is this a currency or a security we are talking about?