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A comment on It’s Time for Real Time Settlement. Parent comment

Re:It’s Time for Real Time Settlement by gher-shyu3i on Tuesday February 02, 2021 @07:20PM (#26009013)
From what I understood from his comment, he was worried about how shorting would cause the collapse of the agricultural sector, so agreeing with you that it's a bad and dangerous practice.
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Re:It’s Time for Real Time Settlement by kasey_junk on Tuesday February 02, 2021 @07:25PM (#26009053)
No the opposite. I believe that modern agriculture would collapse without short positions.

I concede this is largely an act of faith on my part.

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Re:It’s Time for Real Time Settlement by gher-shyu3i on Tuesday February 02, 2021 @07:41PM (#26009179)
How so? Shorters push stock down, so how does it benefit the agriculture industry?
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Re:It’s Time for Real Time Settlement by selimthegrim on Wednesday February 03, 2021 @12:12AM (#26010806)
You want insurance in case your crop fails, who do you think is taking the other side of that bet for you?
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Re:It’s Time for Real Time Settlement by gher-shyu3i on Wednesday February 03, 2021 @10:11AM (#26014280)
Two very different things. Insurance is to protect the consumer (if applied correctly), whereas shorters want and benefit off of the misery of others.
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Re:It’s Time for Real Time Settlement by kasey_junk on Tuesday February 02, 2021 @07:48PM (#26009236)
I answered in a sibling comment but don’t know the HN software enough to link.
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Re:It’s Time for Real Time Settlement by selimthegrim on Wednesday February 03, 2021 @12:12AM (#26010809)
https://news.ycombinator.com/item?id=26009042
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