Quote from: zTheWolfz on November 24, 2017, 08:27:12 AM

Quote from: ChainTrade on November 21, 2017, 05:12:19 AM

Quote from: zTheWolfz on November 21, 2017, 12:39:32 AM

Quote from: ChainTrade on November 18, 2017, 12:55:51 AM

Quote from: zTheWolfz on November 17, 2017, 11:59:05 PM

Is food and raw material trading always a good thing or does it also have downsides? I remember all the speculation about food at stock markets being a bad thing from time to time. For example when prices get shorted by investors and the prices therefore fall and then vast branches of agriculture suffered from that a lot. Does your project go into that direction?

Very good point. Our project precisely aims at bringing more transparency in the trade and at limiting financial speculation around food trading.

Ok I thought the exact opposite by providing crypto based anonymous possibility to speculate even more than before. So you goal is to bring more transparency to the market? Or is that just a side-goal?

That's not a side goal, it is indeed one of the main goals of the platform

Yes but how are you limiting financial speculation if you make the market even more accessible for speculators through the application of blockchain? Or is my reasoning wrong?

We are not limiting financial speculation. However we are making the trade accessible to anyone, so even small buyers will be able to buy agricultural products, metals, oil & gas -- it will not be reserved to major financial institutions anymore

ChainTrade

Posts

Merits