Panicky Bitcoin investors struggle to withdraw cash from money exchanges as they look to ‘safe’ gold investments amid fears of cryptocurrency collapse
It is not about hard assets, it is about bitcoin socialists demanding their government fiat.
Meanwhile, Korea and a few other regulators are chasing the pit bosses around the globe. Against this backdrop we have the FX problem, the tendency for FX markets be head toward large window sizes and monopoly trading pits.
Someone, like the Japan regulators, should just bite the bullet on this and give the FX pits a sanctuary.
None of this is new. We humans pulled the same stunts with paper cash. And the regulators are learning about statistical bots, they don't need the shoe leather on day one. All we do with basket brigade is see a bunch of swarmulators avoiding long queues. And pit bosses running around trying to sort and match the queues.
No comments:
Post a Comment