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In the long run financial markets are pretty amazing (by long run I mean 50-100 years). I used to think traders served no function in the market but that's a Marxist psyop that way to many bitcoiners swallow. Fiat is the problem, not stock markets and trading.
I would love to see a bitcoiner and economists write about the market function of stock markets / traders / speculators. Maybe @Undisciplined? I think fiat muddies the water and due to the stupidity allowed by fiat the markets look bad.
We want freedom. We want people freed to do stupid stuff and suffer the consequences. Its how we learn as a species. Let them get reckt.
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I don't think I'm the right one for this assignment, although I agree with you.
Maybe @SimpleStacker or @denlillaapan want to take a crack at it.
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I have a bunch of such material out. Lemme go find some and republish as a ~BooksAndArticles post
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congrats bro. This is what you provoked! #867043
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Wonderful!
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100% 💯
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