3 ms·
I don't believe this outcome is possible for anything related to a rules change. Maybe for better functionality, but I have my doubts about that too. In terms
by ericb 12y ago
I don't believe this outcome is possible for anything related to a rules change. Maybe for better functionality, but I have my doubts about that too.
In terms of the rules, it would mean we collectively have learned to solve something like the tragedy of the commons problem or a collective prisoners dilemma.
Market participants would have to en-mass choose an asset which is worse for each of them as individuals (as it loses value) for the sake of the greater good. Without a government forcing the issue, it is my belief this can't happen.