Compared to this, a newly made decision from the District of Louisiana said that online gambling on a game of opportunity isn’t illegal run under the Wire Act. New kinds of getting advice before everybody else; new kinds of sophistication to conceal information; new types of gambling with other people’s cash while making somebody else carry the risks. There’s a really strong case for earning money trading, and many derivatives trading, prohibited, and also for making sure that any business that’s permitted to perform a tiny quantity of trading can’t destabilize the remaining fiscal system. Insiders have confessed that the goal of financial technology is to maneuver around the surplus profits (called rents) from the financial system and raise them. (27) In the case of financiers are earning massive profits, it’s usually coming from somebody else’s pocket.
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