Conversation

Rohan Grey
@rohangrey
This is not an answer to the question. "Client demand" isn't a justification for doing bad things. It's just punting responsibility for your own ethical choices to others.
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Jesse Powell
@jespow
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Replying to @nic__carter @krakenfx and @terra_money
Client demand. There’s a weird dynamic with exchanges. Switching cost is low and people tend to want to do everything all in one place for capital efficiency/synergies/convenience. Not supporting 1 coin people demand could cost you the entire account. Listing isn’t an endorsement
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Rohan Grey
@rohangrey
Replying to
@jespow
Exchanges choose what considerations to take into account when deciding whether or not to list particular tokens. You could choose to consider whether the product is shitty and predatory and not list on that basis rather than hiding behind consumer demand as self validating.
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Rohan Grey
@rohangrey
Listing absolutely *is* an endorsement and if your view is it's ethically acceptable to hock shit because your customers are too fickle for you to exercise any discretion and hope to keep them then you need to target a better customer base or up your retention game.
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web23
@harrow_bell
Replying to
@jespow
and
@rohangrey
Why support Terra and allow trading of Luna2? -every exchange allowed support for Luna2 as to not mis out on transaction fees. You’re concerned more about your wallet than the impact Luna had on the community.
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luckas🇷🇴🇳🇱
@k1r0vv
Replying to
@jespow
and
@rohangrey
You are right there JP. Look what happened to bitstamp, bittrex, poloniex and so on. Do whatever u can to thrive & protect customers. If u don't keep thr pace with the other "casinos" ppl go somewhere else. Just don't list veterinary coins like CB
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Prasan 🇮🇳
@nhprasan
Replying to
@jespow
and
@rohangrey
I think I'm okay with this if part of the fees are added into an insurance pool to protect the investors. Luna is borderline Ponzi scheme. Luna has failed right in front of our eyes in the last few weeks & supporting a known failed Ponzi is unethical unless you protect retailers