what if investors come in many categories and a universal broad stroke “protection” doesn’t fit everyone equally what if
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selling a put is a limit order where you get paid to bid, easy to understand and allowed to do it in robinhood on equities no problem - how do you do it on eth based in new york city in front of screens
You and I both know that the clearing/settlement infra for equities is miles more regulated than in crypto, it all runs through DTCC which is a literal central choke point for all US equities, is that what you're saying you want to see in crypto? Because that's how equities works
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It's fine if what you want is to make crypto trading more like equities but let's not pretend that it wouldn't involve a massive reg regime change, probably even bigger than what Gensler contemplated in his speech. There's a lot under the hood in equities market microstructure!!
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Go off king.
End of conversation
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