That has nothing to do with Bitcoin, but good read.
Goldman Sachs & JPMorgan quants keep leaving for crypto
- Thread starter johnarb
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That has nothing to do with Bitcoin, but good read.
Yes, the history of private currency is not really that encouraging when it comes to crypto.
No, because that was a currency for business owners in the United states, we are talking about a global economy, the united states can't stop something that's global, or they will get left in the dust while other countries profit.
Tell me how a country "profits" from losing control of issuing their own currency?
People, yes, but a country?
I didn't say anything about a country losing control of their own currency, I was talking about regulation.
OK so how do people benefit from KYC crypto regulation?
I watched the documentary movie "Enron; Smartest Guys in the Room". But I am not sure if it's just the visualized version of the book "Smartest guys in the Room." Since they are both about the Enron fuck-up, I had assumed it's one and the same. Now I'm not so sure.
Worth it if you've watched the film half a dozen times?
Define "smart".
The closest thing America has to a national IQ test are the SAT and ACT. Do you doubt that the average score of quants who took those tests is high?
I have worked as a quant, and most people who know me would say I am smart.
Enough with the interrogation questions, you are about as annoying as a toddler on a road trip. Look up on Google if you don't understand it, this is all common sense...
I will have to watch this documentary. I have first hand experience with Enron as I was involved in the contract our institution had with them to supply our electrical needs a couple of years before they went down. What a mess we had to deal with. I remember in our negotiations with them I asked the question "Explain to me how you can provide all our electricity when you have zero production facilities." The answer I got was basically what you said. Something to the effect of "not to worry because we are the smartest guys in the room". (LOL) None of us could understand exactly how they did what they did but we still gave them the contract. We should have fired ourselves. A lot of perks that I could not accept. I was invited to go to San Francisco and take batting practice on the Giants field since they had their contract as well. They at least brought me a baseball back signed by Mike McCormick a (Cy Young winner) who I believe actually pitched the batting practice at the time. Sorry to digress but it brings back a lot of old memories.