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naraburns  nihil supernum  1yr ago (text post)   2875 thread views

Friday Fun Thread for March 17, 2023

Be advised: this thread is not for serious in-depth discussion of weighty topics (we have a link for that), this thread is not for anything Culture War related. This thread is for Fun. You got jokes? Share 'em. You got silly questions? Ask 'em.

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Is there a precedent for this? Technically, I was betting on america, spy to the moon, yee-hee.

There is precedent for exchanges cancelling trades after execution, and there is precedent for the US Government seizing speculative assets immediately before they predictably rise in value. You can extrapolate how exchanges and governments would react to even more extreme market events.

It's not much. LME got a lot of shit for that, accusations of being in bed with the losers, lawsuits still pending etc.

In 2008, some bet fifty to one against mortgages, that was less ambiguous, and they kept the money. Besides, you think they wouldn't let apes profit from a call, yet look on your bitcoin gains with benevolence? Closing that door is the first thing they'll do.

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