If we were moving from an unregulated environment to a regulated one I could see your point. But we are just swapping one set of rules for another. This has been the state of things pretty much forever.
We haven’t had such an asymmetric advantage for the virtual. (Arguably, Amazon paying no sales tax was similar.)
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Seems like a pretty easy arbitrage to close. Get it while it’s hot cause it’s not going to last
Could go a lot lower. I’m ok with that too!
