Monday, April 19, 2021 2:27:59 AM
Price discovery in free markets should never be based on finding out who made the mistake of using margin leverage for their long-term holdings and transferring their formerly-profitable assets to others in a forced sale.
We can do better than making everything in the economy into a casino. Cryptoeconomics allows us to make new rules and to solve such problems.
A friendly reminder to crypto market perma-bear Peter Schiff:
The crypto industry changes existing markets, creates new methods to reward holders. First principles from cryptoeconomics may provide participants with innovative unexpected sources of wealth from their participation.
— JasonCoombs.CEO❤️🤓💰 (@JasonCoombsCEO) April 18, 2021
In digital global open networks why should old rules govern?
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