3 ms·
All those other markets are vastly bigger in scale and trade in trillions on a daily basis so it's an irrelevant comparison. Also the expectation is that the ma
by boh 5mo ago
All those other markets are vastly bigger in scale and trade in trillions on a daily basis so it's an irrelevant comparison. Also the expectation is that the majority of that 25% are insiders. So you're comparing catching fish in a barrel where 25% of the participants hooked the fish prior to you getting a turn vs fishing in the open ocean (so 5% is pretty good with additional voting rights/tax benefits).