Kind of points out the lie of a “fair market.” They like to hold that with the same information, everyone can make informed decisions. That claim breaks down when you’re getting the information before your competitors.
How would this be any different from the horse racing/sporting event betting scams organized crime ran in the early 20th century? It’s only faster. Where mobsters where relying on telecast delays and fixed games, these organizations are hoping to rely on RF transmissions and insider trading.
How long until the bitcoin grifters try to take HF spectrum? They’re already trying on VHF/UHF and some are using frequencies which hand the potential to interfere with emergency services, etc.
I’m against this shit, in case anyone was wondering.
Kind of points out the lie of a “fair market.” They like to hold that with the same information, everyone can make informed decisions. That claim breaks down when you’re getting the information before your competitors.
How would this be any different from the horse racing/sporting event betting scams organized crime ran in the early 20th century? It’s only faster. Where mobsters where relying on telecast delays and fixed games, these organizations are hoping to rely on RF transmissions and insider trading.
How long until the bitcoin grifters try to take HF spectrum? They’re already trying on VHF/UHF and some are using frequencies which hand the potential to interfere with emergency services, etc.
I’m against this shit, in case anyone was wondering.