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Date/Time: Sat, 22 Feb 2025 09:05:23 +0000



Why we need decentralized exchanges

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[2021-01-29 19:47:52]
BeardPower - Posts: 51
The recent events clearly showed that we need that change. Those who made the rules are only accepting them if those same rules don’t harm them:

https://www.bloomberg.com/opinion/articles/2021-01-29/gamestop-gme-isn-t-a-history-lesson-it-s-a-syllabus

https://www.washingtonpost.com/business/2021/01/29/gamestop-stocks-robinhood-reddit/
Date Time Of Last Edit: 2021-01-29 19:54:03
[2021-01-30 06:02:52]
User90125 - Posts: 715
Looks like the Occupy Wall Street group has figured out how to beat the One Percenters at their own game.

As a sage Mr. Valentine once said:

It occurs to me that the best way you hurt rich people is by turning them into poor people...

Thus the conflict of interests between the bourgeoisie and the proletariat will now be at hand. Time to pay the Iron Price.
[2021-01-30 08:20:09]
Sierra Chart Engineering - Posts: 104368
Yes this definitely makes sense in regards to post #1. That is obvious.

Also those particular sites, Bloomberg and probably Washington Post are also heavily biased in favor of official narratives and the establishment. It is articles like this which would be more accurate:
https://www.zerohedge.com/markets/you-can-not-purchase-additional-shares-robinhood-reportedly-removed-shuts-down-buying
https://www.naturalnews.com/2021-01-29-criminal-wall-street-oligarchs-populist-trading-gamestop.html

Also it is not clear exactly how decentralized trading would work with common listed stocks. Certainly crypto currencies though.
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Date Time Of Last Edit: 2021-01-30 08:53:01
[2021-01-30 18:00:45]
BeardPower - Posts: 51
#3:

That's absolutely true! Thank you for those links. The fact that some of those reporters side with RH that they did the right thing tells everything.

Some protocols offer decentralized stock trading (tokenized stocks). Still, those are all derivates, so yes, I don't know if it could ever happen as someone needs to get the real stock from the stock market, and there will always be some centralized entity involved.
[2021-01-30 20:52:53]
user_xyz - Posts: 446
+100 on post #1 & #3 --> Finding good, unbiased reporting is very difficult get now. IMHO one of the most difficult and important tasks facing the younger generation (of which I'm a parent to two).

Decentralized trading on common stocks probably will never happen.

Crypto - Have stayed away trading wise (minus a futures short in 18), however, with increasing dedication over the last ~180 days, doing more research the case is becoming more compelling.

Time for change is upon us, the events of the last few weeks are gripping and lay the ground work for permanently alternating the trading landscape that many of us live on.
[2021-01-31 13:43:17]
User138602 - Posts: 169
I guess decentralized exchanges cause HUGE!!!! problems for delivering market depth volume data...so F*** that.

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