@nic_carter What about customer-held securities of broker-dealers? Suppose some entity such as Schwab or Fidelity suffer runs (unlikely but this is academic). Is there ever a concern over custodied stocks / assets?
@biancoresearch Ray Dalio next.
This billionaire class that cheerfully lectured folks to embrace US decline by investing in China are about to get a harsh lesson in why rule of law matters
@ohaiom The simple forms are intimidating to you because they make it extremely plain that 99% of these projects are breaking the law.
This entire BS industry needs to be shut down and that is exactly what is happening; the whole framing of your comments seems like weird cope
@twobitidiot Most extreme and hilarious cope I have ever seen.
Yeah man with the economy in shambles, crypto exchanges and token projects are totally going to be a deciding issue in 2024 😂
@CCofNavarro @BeyondDeception@AP_Abacus@CNBC Exactly. 100% are illegal securities with zero legal ambiguity. He’s been super clear, crypto bros are just not getting it or in denial.
I find this cult of the "celebrity intellectual" to be pervasive and disgusting in the extreme.
Is this Firing Line or Project Runway? I can't tell anymore.