Quote from: Darker45 on Today at 01:14:42 AM

This should have been somewhat changed with the advent of Bitcoin. I'm not saying Bitcoin will directly solve this problem but it should have somehow changed the playing field.

Bitcoin started as a sort of a revolutionary or even underground currency. It was treated dirty, labeled, and frowned upon by the powerful politicians, bankers, and other wealthy elites. But it seemed it was only a matter of time before they will eventually join the small community of geeks, criminals, and weird individuals.

The ordinary folks who were with Bitcoin at a very early phase should have been the ones considered powerful and wealthy later on. The elites would have bought Bitcoin from them at a much higher price. Imagine how sweet it would be if an ordinary citizen is selling Bitcoin to the once powerful at $1,000,000 apiece. Imagine if the ordinary folks were like hoarding Bitcoin and the old wealthy people will do everything to get their hands on them.

Alas, most of the common people have already sold at $1,000, $5,000, $20,000, $30,000, and so on. And now, the community is beginning to be ruled by the same traditional elites. The common folks are now trying to collect Sats, forced to buy back expensive crumbs.

>but it should have somehow changed the playing field.
A mega IPO alone could amounting up to 5 trillions, by comparing the size of the wealth between the two, the ultra rich wouldn’t bat an eye on crypto, having crypto is not rich, until it can be cash out, the mega IPO is the instant cash out for them, invest on IPO, dump on first trading day, and cash out in fiat, the profit they obtain is risk free.

Quote from: davis196 on Today at 12:54:43 PM

Quote from: SaiyanSS3 on March 26, 2021, 06:36:59 PM

Reminder only the ultra rich can get into many mega IPO, remember aramco? Only the rich can get the IPO price, once the stock is initially traded on public exchange, the stupid idiot sovereign fund would buy up all the shares bought up by the ultra rich at mark up price and make a killing from the foul play, and all these are perfectly legal, your 401k is criminally exploited to enrich the ultra rich to even richer, the ass*** ultra rich wouldn’t care.

Now we need to come up with a plan, by using ICO, IDO, IEO to force the tax payer pay the price too, what’s your take, can we force the inflation to come totally loose control to the point food price is no longer measurable with fiat paper money?

Most working class people and the poor don't even know what IPO actually means,or they don't care.
Capitalism is a game designed for the rich people to play.Sad but true.
What do you mean by "forcing the tax payer to pay the price too"?I don't get your point.
Forcing the inflation?What are you talking about?We can't force the inflation.
Do you want ICO,IDO and IEO to replace IPO as a mechanism used by the companies to gather capital from the financial markets?Are they really better than IPO?I don't think so.

>Do you want ICO,IDO and IEO to replace IPO as a mechanism used by the companies to gather capital from the financial markets?Are they really better than IPO?

It would be good given the bag holder wouldn’t dump the coins, in fact everybody dump their coin for profit, the stable coin is the only coin which is every bag holder are going after, they would only get happy when their bag holding appreciate against the value in stable coin, that include institutions/whales/traders who think the same, yup, IPO is much attractive, much profitable, it’s directly paired to fiat money.

Quote from: jaysabi on Today at 01:05:11 PM

Quote from: SaiyanSS3 on March 26, 2021, 06:36:59 PM

Reminder only the ultra rich can get into many mega IPO, remember aramco? Only the rich can get the IPO price, once the stock is initially traded on public exchange, the stupid idiot sovereign fund would buy up all the shares bought up by the ultra rich at mark up price and make a killing from the foul play, and all these are perfectly legal, your 401k is criminally exploited to enrich the ultra rich to even richer, the ass*** ultra rich wouldn’t care.

Now we need to come up with a plan, by using ICO, IDO, IEO to force the tax payer pay the price too, what’s your take, can we force the inflation to come totally loose control to the point food price is no longer measurable with fiat paper money?

You very clearly don’t understand how IPOs work. Institutional investors (meaning your 401k manager) are often targeted to buy the IPO before its publicly traded, or even earlier when the companies raise money when they’re still private. So they are directly benefited by the IPO process. Further, the sovereign wreath fund is an institutional investor, it would not “buy up all the shares” after the IPO, that makes zero sense. That would defeat the purpose of the IPO because that would effectively make the company privately held by the sovereign wealth fund.

>the sovereign wreath fund is an institutional investor, it would not “buy up all the shares” after the IPO, that makes zero sense.

The ultra rich benefit a lot from the IPO and unload their shares to the pension fund, they do not need to need to be a major shareholder for the mega IPO, once they dump the share to public, they would never repurchase the share they have dump no matter whether the price would get dump or get pump afterward, of course they would be thrills to be watch the share get dump to much lower price after the IPO.