This lucrative market is controlled by a small group, mostly the prime brokers. According to Josh Galper, a financial consultant, the lending of securities has always been enclosed network. He continued to say that only the players of the market can borrow and lend securities. However one Patrick M. Byrne, who is the CEO of Overstock.com and a strong reform voice on Wall Street, is ready to do what it takes to make this market open. He wants to use the blockchain technology that uses bitcoin currency and take stock loan online. This will put out there for everyone and allow other people to make money like the rime brokers and lenders. Byrne believes that this make is now in the dark and needs to be placed strategically for proper exchange and enable every one to participate.
https://99bitcoins.com/bitcoin-tech-to-reveal-the-secrets-of-wall-street/Wow man, just copying the text of the article with no additional opinion, point of view, or question for any of us? Is this an ad for 99bitcoins or are your really just copying the news for us?
What's your opinion on this whole thing? On the lucrative market controlled by a small group? I think it sounds like every other thing in the world that has value. It's always controlled by a small group.
The one thing that would be interesting is a solid, reputable, safe bitcoin lender. That would interest me...how does that happen?
