Jesse Powell on Twitter: "This isn't just about NFTs. It's about every transaction: houses, cars, art, watches, shoes, comic books, any collectible, store of value or investment. Forget DYOR, inspections, appraisals. If you don't have 100% info overlap, trading is illegal. Impossible standard, bad policy." / Twitter

This isn't just about NFTs. It's about every transaction: houses, cars, art, watches, shoes, comic books, any collectible, store of value or investment. Forget DYOR, inspections, appraisals. If you don't have 100% info overlap, trading is illegal. Impossible standard, bad policy.

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e𝚔𝚒n

@eking0x

· Jun 3

“This isn’t being brought as an insider trading case, it’s a wire fraud case. Yet the government misleadingly describes this as insider trading because they know that buzzword will generate headlines,” @JWVerret tells me in this @motherboard @VICE piece: vice.com/en/article/ake

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8:17 AM · Jun 5, 2022Twitter Web App

Replying to

I guess the objection is that Nate knew that the asset was scheduled to be featured before he bought, and before the ad was public. But how were other traders disadvantaged by this? Nate had no material info about the asset itself, just that it was going to get extra attention.

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Jesse Powell

@jespow

Jun 5

Reminds me of Weev's business idea (TRO LLC) 😂, which was finding security holes at public companies, shorting the stock before announcing. It's pretty much the business of all hedge funds. Settling information asymmetry is a primary function of markets. blogs.orrick.com/trade-secrets-

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@cashflowIQ

Jun 5

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@jespow

I feel every thing is scam

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imagine a market with 0 information asymmetry...fairytale, only the state can dream up such a goal

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I've always wondered how "fair market" proponents expect to eliminate information asymmetry, given that the market is what ingests said asymmetry and produces an output signal.

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add reputation.

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Personally I don't care about NFTs. They are useless 🤪 (to me).

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Jesse the staking function on Kraken is fine but there is one fundamental thing missing, namely the staking of Polkadot's parachains, namely Acala, Astar and Moonbeam. Staking is already available on Binance, why not on Kraken?

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Charlos Ramirez

@RamirezCharlos

Jun 6

100% agree

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it is true, on Binance it is already possible to stake Acala, Astar and Moonbeam, because they are inflationary tokens (Polkadot parachains). When will we be able to do this on Kraken? To date, doing it on Kraken is inconvenient compared to Binance.

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