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Is 90% of the market still speculation? Call me when it's not.



What does that even mean? If I were to add up every single transaction involving USD, what percentage do you think would be HFT and other Wall St speculation?


Even better, if you add up every spendable unit of USD you'll find that the vast majority of it originates in a bank loan.

All of that HFT and Wall St. speculation is using leveraged bank credits.


A fraction of the same type of transaction for Bitcoin.




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