The idea of a market as being a market in information is such a fundamental thing that you can actually see that in a lot of different types of behavior. And so if you're looking out at all this like DeFi trading where everybody has to reveal everything to everybody at all times, it's just completely missing this whole part of the dynamics of that system. So when you say this, it definitely makes me think of like strategies of certain groups being exposed and then people just copying those strategies over and over again.

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