BE redirect

[Gary Webb]

Beware though... it’s a platitude that idiots often invoke to look smart...like some vague religious invocation

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> On Jun 4, 2020, at 7:59 PM, rich <richard.romeo at gmail.com> wrote:
> 
> 
> funny you mention arbitrage. i was visiting some guys I knew in Mayfair, buttoned up City-types, tea and sushi for lunch. somehow the topic of conversation landed on ADRs (how those who didnt like apartheid could invest back in the day, you know in the those gold mines) and eventually arbitrage, something I knew a tiny bit about, but  by the end of the conversation they were convinced I should chuck my job and go work in finance which frightened me. that I knew so little but could make boatloads. I met plenty on wall street like that
> 
>> On Thu, Jun 4, 2020 at 7:48 PM gary webb <gwebb8686 at gmail.com> wrote:
>> Oh I know, their little arbitrageur antennae primed and ready... the whole thing reeks of the 90s... they just need to nail some Gabriel Ice "Wunderkind" and there goes the Open Source...despite the fact that the promise of the 90s culminated in FANG, doesn't necessarily mean that that sad story will play out again, and certainly the stakes are higher... 
>> 
>>> On Thu, Jun 4, 2020 at 7:12 PM rich <richard.romeo at gmail.com> wrote:
>>> the ironic thing is the blockchain technology in an of itself may lead to a huge transformation in the back offices of wall street. even if the currency angle doesnt pan out. jury still out on that one 
>>> 
>>>> On Wed, Jun 3, 2020 at 7:39 PM gary webb <gwebb8686 at gmail.com> wrote:
>>>> Bitcoin is a bad example, the crypto universe right now is a bit like mos eisley... with CCP being the biggest player... the point is a decentralized and distributed network... and I agree.. it's not there yet... 
>>>> 
>>>> 
>>>>> On Wed, Jun 3, 2020 at 7:36 PM Richard Romeo <richard.romeo at gmail.com> wrote:
>>>>> But it’s still an elite, man. You think the avg shmo like us  or me on the street is gonna be using bitcoin? I doubt it
>>>>> I fear these semi autonomous entities will more like Sparta than Pynchons anarchist idyll, no?
>>>>> Most of us are passive investors and will remain so, imho
>>>>> rich
>>>>> 
>>>>> 
>>>>> 
>>>>> > On Jun 3, 2020, at 7:17 PM, gary webb <gwebb8686 at gmail.com> wrote:
>>>>> >