Walked past a “crypto trading” venue yday afternoon with my kids
Guys lounging around with lots of screens in front of them
The more I study #Bitcoin the more pointless this focus seems
Sure, they might be able to gain an advantage, & “make money”
But what value is this really bringing to the world?
You do you. Of course. But what a waste of talent in my eyes
On the bright side, the high frequency of trades provides liquidity, market depth & fills blocks
I don’t think they spend any time trading in BTC
It’s switching between altcoins via crypto exchanges
So the liquify they provide is mostly elsewhere in that sense
Ask any crypto exchange where they make their money
& it’s from these traders regularly switching alt coins
Or retail investors getting into the market
forgot for a second there was other crypto aside from bitcoin 🥲😅
