Hehe you do know Baron (ET Owner) invests in crypto, right? He has a journal if you are interested:- https://www.elitetrader.com/et/threads/barons-crypto-trading-journal.361987/
My point is that there are a lot of things the revolutionaries of DeFi haven’t figured out yet and may not. So it’s possible no one of relevance has figured out the Issues Dawn brought up. The current financial system works pretty well. Defi might make it work better but it’s still dealing with frauds that the current financial system dealt with 200 years ago.
Hate to bring it up again but Madoff wasn't 200 years ago. Why is fraud brought so often with cryptos while ignoring recent and probably ongoing fraud in equities? Bill Hwang for instance.
Mt gox The crocodile of Wall Street The crypto that was based on the Korean Tv show rug pulls (fast and slow) NFT’s if you talk to a proper crypto trader, they love it because it’s like trading in Somalia.
So? I am sure he's invested in stocks, bonds and a whole bunch of other financial stuff... But really don't care. Just want to get rid of the @Tokenz clown. So much better now that he's on "Ignore".
Bill Hwang is not fraud. The guy's just not a good trader but he genuinely traded. Madoff never did. It's hard to imagine that he co-founded a stock exchange and he never bothered to trade.
Equities have been scamming the gullible for hundreds of years. Cryptos too, just not as long by a mile. You act like cryptos invented scamming. Oh wait you trade equities, not cryptos. Nevermind.