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> The group's founders have pledged to have fewer rules and regulations than the New York Stock Exchange and the Nasdaq So another place to buy penny stocks an
by xyst 2y ago
> The group's founders have pledged to have fewer rules and regulations than the New York Stock Exchange and the Nasdaq
So another place to buy penny stocks and other micro-cap garbage, great!
- immibis 2y agoA true libertarian utopia. After the last one got attacked by pirates and couldn't afford fuel. After the last one got overridden by bears. And the one before that was a Ponzi scheme. Assuming the founders of this exchange are smart people who worked out how to exploit other people's stupid ideologies, they are smart and will make a lot of money, like the people writing the Ponzi scheme coins.
- masklinn 2y agoThe good news is at least there’s no bears.
- bunderbunder 2y agoThere are no bears in this market? Now I know it's a Ponzi scheme. ^_^
- vineyardmike 2y agoUnfortunately there is something worse - mankind. They never fail to find ways to grift and exploit and abuse. Surely the biggest financial institutions in the country are opening a low-regulation exchange for the betterment of the public, right?
- joquarky 2y agoNot mankind, just psychopaths/sociopaths
- bobthepanda 2y agoLevi’s and Nordstrom were among many companies founded to supply the Gold Rush.
- deleted 2y ago[deleted]
- alberth 2y agoOr a different angle is, this is being setup by companies who have large investments in non-public companies. Seems like they are making it easier for them to cash out their investments with less scrutiny.
- bobthepanda 2y agoInvestors want this until they don’t. See SPACs.
- EasyMark 2y agoI mean do you have sources to cite that is all that will be listed on the exchange or is this pure speculation?