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A comment on Financial innovations brought by technology. Parent comment

Re:Financial innovations brought by technology by wiseowise on Friday October 29, 2021 @02:07PM (#29041693)
Crypto is not financial innovation.
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Re:Financial innovations brought by technology by knownjorbist on Friday October 29, 2021 @05:50PM (#29043944)
How can any serious person with knowledge of the subject say this with a straight face?

There are entire classes of financial instruments in use today that could not exist in the tradfi ecosystem. Pretty sure that's "financial innovation".

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Re:Financial innovations brought by technology by wiseowise on Saturday October 30, 2021 @02:56AM (#29046635)
> There are entire classes of financial instruments in use today that could not exist in the tradfi ecosystem.

Such as?

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Re:Financial innovations brought by technology by knownjorbist on Saturday October 30, 2021 @03:34PM (#29051662)
https://en.wikipedia.org/wiki/Perpetual_futures
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Re:Financial innovations brought by technology by apesti on Saturday October 30, 2021 @09:07AM (#29048463)
Flash loans couldn’t exist in the traditional system
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