Mark Cuban Thanks WallStreetBets, Talks About Crypto, Slams Zero Commission Brokers and Talks to CNBC After Reddit AMA
Mark Cuban was not an early supporter of cryptocurrency. Instead of HODLing a wrong opinion, he did enough research and now he is pro cryptocurrency. He not only Tweets about it, but also talks about it on live television. @d-zero originally shared about his Reddit AMA Apparantly it lasted around 2 hours.
CNBC Interviews Right After AMA
Link To The AMA
These are all great times for us in crypto. I have always been against what Robinhood represented. They are the Facebook of financial world and it gave rise to few more disgusting wrecks that monetize and sell the traders as a product to high frequency traders. I have talked about this here along with the business model.
DeFi is Your Savior
Mark Cuban rightly pointed out what went wrong. It is time rightly point our the correct solutions. We don't need a joke like SEC. We need real free markets, less regulation, more blockchain transparency and users who know better not to go back to something like Robinhood.
I think the next bet should be against the brokers!
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Can you write me in 2 words what is WallStreetBets? Is it a blockchain project?
Subreddit.
It's palace where people talk about their risky investments: https://www.reddit.com/r/wallstreetbets
Thanks for reply
I'm happy to help.
I wonder whatt the LEO DeFi will offer us. The Ethereum-based platforms are great but are also expensive. I am trying to remove my liquidity from the Splinterlands ETH-DEC pool and fees are over $60 USD right now...
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That is insanity on steroids. There is no way average consumer with a small portfolio is going to pay that. I'm not willing to pay more than few cents for simple operation like that. I talked about HIVE DeFi in this article. There are 3 DHF proposals we can support right now
The above two are for https://github.com/dluxio that is already been worked on by @disregardfiat. It is asking 800 HBD/Day.
The above is from @aggroed for HIVE-Engine. Both are trusted members of the community with great track record. We need to at least get these projects funded.
I would instantly support any DeFi proposal @leofinance come up with too.
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Thanks for the visibility on the proposals! For the most part 148/152 Do not overlap. 148 only has 19 days left and 152 starts in 10 days and lasts for 60.