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Re:Federal Court Orders BitMEX to Pay $100M over Illegal Cry... by IfOnlyYouKnew on Tuesday August 10, 2021 @08:33PM (#28136554)
Yes, you could move somewhere else, and maybe it isn't even fair or necessary or proportional to make life difficult for you specifically. But it could turn out to be quite lucky.

Big career changes get more difficult with every year you get older. Plus: if it involves moving into any adjacent subject area, doing it now and not in three to thirty months when it all blows up, you won't be competing with thousands of guys wearing the same exact Jack Wolfskin jacket and trying to move from fantasy finance to the real thing.

And if you don't share my pessimism: if I'm wrong and cryptocurrencies go mainstream, you also be out of luck because it'll become interesting to those teams of hundreds of Harvard & MIT quants.

And, of course, you might get to do something useful. At least in comparison to ending up being blamed for bonfires of both money and forests.

Re:Federal Court Orders BitMEX to Pay $100M over Illegal Cry... by perl4ever on Wednesday August 11, 2021 @09:43AM (#28141843)
>you also be out of luck because it'll become interesting to those teams of hundreds of Harvard & MIT quants

I read somewhere the comment that people like that are already there, and they have been reveling in the fact that simple arbitrage strategies that are otherwise obsolete in the rest of the financial world, are still quite lucrative with crypto.