Viewing profile — hashsalt

Bank eg was an analogy. The issue is contagion, which can be external in source.

A16Z also funded 21.co's earlier iteration when they made terrible mining rigs. The cynic in me says they believe the instant liquidity + their brand name will paper over all crack…

Thats precisely his point. Contagion causes the break. Analogous to a bank run or the ruinous fall of the Thai baht in 97/98. Nobody has any real info on whether the bank has enoug…

Thats exactly what I had in mind. A reasonably intelligent trader doesnt want to make his operation more capital intensive however. Has use cases, but limited.

The issue is that it is uneconomical. Collateral is set at 4-5x. The market for people who want to make that trade is limited.

Depends on the market. Google's move to 'entities' over keywords means broad search seo is beyond the abilities of "2 guys with some adwords experience" type agencies that were pop…