Yes, I think there will be problems because, although personal and corporate 
bankruptcy take care of the bottom ... say ... 20%, it doesn't handle the rest 
of us. Two examples are Robinhood's reputation and a couple of links down from 
what Jon forwarded: https://github.com/QuantConnect/Lean

I considered using Robinhood. Now I never will. I'm 1 degree removed from 
friends who tried to get me into quant, but never did. LEAN may be (or have 
been) just the push I needed. I'm just one dork with no money or power. But if 
it changes the way I think, it may change the way others think.

It may not be obvious, but GitHub is a kind of social media, built upon the 
prior concept of open-source (built upon the prior concept of open data, etc.). 
Add that to e.g. astroturf posts on social media trying to float conspiracy 
theories that Citadel manipulated the press, that Robinhood never had a 
liquidity problem, etc. I think it's difficult to see where and how social 
media will take us. But at least finance is smaller scoped than politics.

On 2/2/21 10:56 AM, Marcus Daniels wrote:
> Is there a social media problem w.r.t. finance?    Doesn't this take care of 
> itself in terms of personal and corporate bankruptcy?


-- 
↙↙↙ uǝlƃ

- .... . -..-. . -. -.. -..-. .. ... -..-. .... . .-. .
FRIAM Applied Complexity Group listserv
Zoom Fridays 9:30a-12p Mtn GMT-6  bit.ly/virtualfriam
un/subscribe http://redfish.com/mailman/listinfo/friam_redfish.com
FRIAM-COMIC http://friam-comic.blogspot.com/
archives: http://friam.471366.n2.nabble.com/

Reply via email to