The Cryptocurrency Trading Journal

Gotta love crypto, within days FTX has a future that is a basket of WallStreetBets securities/coins for people to bet in

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Bought a small position in UNI and SUSHI for when the WRB crowd realize that crypto is the casino they are looking for. It can never be shutdown. WRB has over 3M users
 
If they want to fuck Wall Street, crypto is where it is at. You can fuck the banks, the brokers (that are fucking them right now), hedge funds (decentralized funds are possible in Ethereum), asset managers, etc etc. Sooner or later they will discover this
 
https://www.cnbc.com/2021/01/28/int...rotect-the-market-says-chairman-peterffy.html

Old finance is so shitty that it cant handle people buying a single stock. Bitcoin and Ethereum are also a settlement layer, a way superior settlement layer than old finance has

Here is a banker talking about how superior crypto clearing and settlement is to old finance
https://www.realvision.com/shows/th...caitlin-long-bitcoin-the-future-of-regulation

If the old financial system cant handle people buying a stock, its not a system, its a house of cards
 
Marijuana is illegal at the Federal level, but legal at the state level in many US states. Wyoming (according to Caitlin Long from the above video) wants to be the crypto capital of the US. The fact that US states have so much leeway on what they can do, makes me think that it would be pretty darn hard for the US to ban crypto. So many states would revolt, so many business would move to crypto friendly states, etc. Regulation? Yes. Bans? No
 
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