Also ex-Stripe. This suggests an opportunity to build an exchange that addresses these problems. Could one build an exchange with deliberate "turn-based" liquid

Also ex-Stripe. This suggests an opportunity to build an exchange that addresses these problems. Could one build an exchange with deliberate "turn-based" liquidity to avoid the problem of daily stock price distraction, for example? (This is hard because there will always be secondary markets, but presumably this is already the case.)