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A comment on SpaceX Starlink average speedtest is 42.3Mbps down / 9.7 Mbps up. Parent comment

Re:SpaceX Starlink average speedtest is 42.3Mbps down / 9.7 ... by TomGullen on Thursday August 27, 2020 @05:35AM (#24291723)
I think you can argue on the whole is a waste, but I do believe it does have some advantages. EG efficient HFTs can reduce bid ask spreads which does save a lot of money for retail traders.
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Re:SpaceX Starlink average speedtest is 42.3Mbps down / 9.7 ... by sverhagen on Thursday August 27, 2020 @06:00AM (#24291928)
I think the premise was that such investments are wasteful if it's only for a trading arms race.
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Re:SpaceX Starlink average speedtest is 42.3Mbps down / 9.7 ... by sumedh on Thursday August 27, 2020 @08:44AM (#24293074)
> EG efficient HFTs can reduce bid ask spreads which does save a lot of money for retail traders.

Berkshire Hathway has $1000+ spreads yet you dont see a lot of people complaining.

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Re:SpaceX Starlink average speedtest is 42.3Mbps down / 9.7 ... by TomGullen on Thursday August 27, 2020 @10:29AM (#24294032)
Stock price is probably a pretty big factor in that along with volume.
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Re:SpaceX Starlink average speedtest is 42.3Mbps down / 9.7 ... by sumedh on Thursday August 27, 2020 @11:02AM (#24294352)
Exactly, that is the point.
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Re:SpaceX Starlink average speedtest is 42.3Mbps down / 9.7 ... by Dylan16807 on Thursday August 27, 2020 @07:20AM (#24292509)
But being able to do that 50 milliseconds faster really doesn't.
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