aewct

3 ms·

1. 1.▲
   by aewct 5y ago

   There's no benefit to the user to having no seatbelts. There's a huge benefit to having open markets at all times. The usual phrase for your argument is "false analogy."
2. 2.▲
   by aewct 5y ago

   An OS asking you to confirm that you want to delete a file is also friction. Like KYC, it is a positive, but friction nonetheless. In context, they also mention traditional markets being closed at certain days and times. This is also fricti
3. 3.▲
   by aewct 5y ago

   From TFA: > Users can trade the tokens anonymously 24 hours a day, seven days a week, from anywhere, unhindered by capital controls, “know your client” rules imposed on broker-dealers, and other frictions of the traditional financial sys