ChuChu Rocket wrote: Sun Oct 03, 2021 4:29 am
Standard "know your client" thing. Oanda does credit checks in Canada too.
All part of the client suitability test.
I don't think it's a bad thing but I'm not sure how many people can show that kind of capitalization and then trade on the retail margins. That's me. lol. I'm not sure there are the retail traders left and I think it's gone to the crypto nonsense. Crypto is the biggest bubble we have ever seen. Total dogshit.
Let me give you one example. A smart contract executed on a blockchain. How is that enforceable? On default what happens? You call the crypto police? It has zero value outside an enforceable framework. Don't be a dummy. This is the worst kind of dogshit.
To break it down further- you can't operate a decentralised network relying on a centralised buffer. Big fail.