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very little of the trading actually happens on the blockchain, it's only used to move assets between trading venues.

The values of bitcoin are:

- easy access to trading for everyone, without institutional or national barriers

- high leverage to effectively easily borrow a lot of money to trade with

- new derivative products that streamline the process and make speculation easier than ever

The blockchain plays very little part in this. If anything it makes borrowing harder.



I agree with "easy access to trading for everyone, without institutional or national barriers"

how on earth does bitcoin have anything to do with borrowing or derivatives?

in a way that wouldn't also work for beanie babies


Those are the main innovations tied to crypto trading. They do indeed have little to do with the blockchain or bitcoin itself, and do apply to any asset.

There are actually several startups whose pitch is to bring back those innovations to equities (note that this is different from tokenized equities).




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