Robin hood: Market makers might move stocks to scap their customers. robin hood: I think no matter how much lip stick on the pig you want to put on, it still as zero some game. robin hood: The rules itself of the game are not known well and are not written in a way that is good for individuals.
Today, Su and I discuss the rise of WallStreetBets and financial populism in general. As one of the most experienced market participants I know, Su has a unique perspective on the story behind the GameStop short squeeze. We explore why he thinks it is going to end in tears for small investors, which invisible rules of the traditional financial system have been laid bare for everyone to see, and how all of this massively validates crypto and Defi going forward.
Su Zhu https://twitter.com/zhusu
Hasu https://twitter.com/hasufl
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