Friday, June 23, 2017

Is Coinbase liable for the crash?

Sure are.

The rules of fair, bounded variation trading are well established, by CATO in their free money project and by queueing theory as pointed out continuously on this blog.  Fair traded pits, bounded variation on the trading bots, equal and fair access to the trading stack by all parties, free entry and exit, and the bounded variation contract for the bit error function.

So, sure, clients should sue the frig out of Coinbase for mathematical incompetence. I suggest Coinbase go to settlement, otherwise a shitload of experts will testify to the incompetence of the firm.

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