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> Nobody sane would have done that trade otherwise. But my point is that there were people on the other side more than willing to take that person's money. If
by matsemann 3y ago
> Nobody sane would have done that trade otherwise.
But my point is that there were people on the other side more than willing to take that person's money. If "no one sane" would do that trade, why let the other side be able to profit of it until suddenly it wasn't free money? Why shouldn't the other side carry any risk?
- jjav 3y ago> But my point is that there were people on the other side more than willing to take that person's money. What else would you propose? Designing an algorithm that prevents people from offering or taking bad trades would require a reliable crystal ball. Solving the halting problem sounds easier.