Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Your comment seems like a disingenuous attack rooted in sour grapes rather than principles.

Stock options are regulated and less new, but they are also sophisticated, poorly understood by the average people, and manipulated easily.

The idea that traditional financial markets are 'fair' to the common man is pretty naive: many brokerages intentionally front run their customers or charge unconscionable fees, and the market is rife with non-fiduciary investment advisors who sell products based on what provides the largest kickback rather than what's in the best interest of their customer.



There are restrictions to opening Options and futures accounts in the U.S.

Equating traditional financial system to crypto using front running, high fees etc., is false equivalency.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: