Fake Tesla, Apple stocks have started trading on blockchains

Post by arcticbull » Tue, Jul 06, 2021, 10:53 PM UTC

elevenoh wrote: post #68

arcticbull wrote: post #48

Earlier quoted context omitted.

Why would we voluntarily give up the security afforded by the SEC? The front-running thing is literal observable fact. If you know what transactions are to be included in the next block, and you're in charge of ordering them on a multi-minute timeframe, and you know pricing on exchanges in real-time why would you not take advantage? Why would you not front run? There's no law stopping you is there? > The little guys…

>If you know what transactions are to be included in the next block, and you're in charge of ordering them on a multi-minute timeframe, and you know pricing on exchanges in real-time why would you not take advantage? Why would you not front run? There's no law stopping you is there? Check out time-lock encryption, auctioning transaction order rights, or Automata's conveyor service etc. There's some powerful ideas flo…

Post by elevenoh » Tue, Jul 06, 2021, 10:53 PM UTC

arcticbull wrote: post #56

elevenoh wrote: post #35

Earlier quoted context omitted.

It's definitely not the case. "Fake stock" == "stock futures instrument" depending on the writers underlying motive. And the bloomberg motive is clear.

Equity futures are constructed around, on settlement date, delivery of the underlying shares to long contract holders from short contract holders. They're called SSFs for short. [1] There are cash-settled futures too, but they're usually for things that don't sit well in a brokerage account like "a NASDAQ" or crypto, for instance. [1] https://www.investopedia.com/articles/optioninvestor/06/sing...

Post by nabla9 » Tue, Jul 06, 2021, 11:28 PM UTC

logicalmonster wrote: post #32

nabla9 wrote: post #4

Many people are asking: Why government should regulate finance? In the US you should look at the so-called free-banking era (1837–1864) or the crisis era (1782–1930). Btw. Free banking didn't mean no rules. It just meant that there was no charter or permission is needed to start a bank, Finance was basically free for all. Easy to get in. Constant stream of economic recessions and banking crises harmed everyone. Wildc…

> Wildcat banking increased incentives for risk-taking and fraud to high levels. The evidence points out that it’s the current banking system that incentivizes risk taking because the international bankers know they’re getting a bailout every time when they mess up. > The US has huge financial industry partly because the regulation is so extensive. People from all over the world invest their money in the US because t…

Post by from » Tue, Jul 06, 2021, 11:38 PM UTC

arcticbull wrote: post #73

tcoff91 wrote: post #62

Earlier quoted context omitted.

people who live in countries that are under US sanctions i would presume? I'm not an expert on this stuff but I'd be surprised if buying or selling US securities was not heavily restricted for people in sanctioned countries like Iran.

There's a reason they got sanctioned, though, right? Broadly, attempting to develop nuclear warheads in unstable regions. So yeah, I'm ok with sanctioned people not trading TSLA to pressure the regime. Frankly, I can't think of a reason why that would be ok.

Post by arcticbull » Tue, Jul 06, 2021, 11:52 PM UTC

elevenoh wrote: post #74

arcticbull wrote: post #56

Earlier quoted context omitted.

Equity futures are constructed around, on settlement date, delivery of the underlying shares to long contract holders from short contract holders. They're called SSFs for short. [1] There are cash-settled futures too, but they're usually for things that don't sit well in a brokerage account like "a NASDAQ" or crypto, for instance. [1] https://www.investopedia.com/articles/optioninvestor/06/sing...

Equity futures (e.g. perpetuals) exist in forms beyond the definition you've mentioned. example https://ftx.com/trade/FB/USD