I agree that a lot of bad trading outcomes aren’t really about volatility, but about information. When liquidity providers mostly trade against people who already know the price is wrong, the cost ends up shared by everyone else.

At what point does ‘better information’ stop being healthy and start hollowing out the market?

submitted by /u/JAYCAZ1 [link] [comments]

r/CryptoCurrencyRead More

You might also be interested in reading Could regulation have prevented Sam Bankman-Fried’s criminal verdict?.