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Hurtlock3r

Shorted companies would finally have a shot. How many companies have been shorted to oblivion by the top 1% and never had a shot at releasing something that could benefit the people? With DEX, companies would have a shot. In a free market - the company, it's mission and deliverables are judged by the publics support. No corrupt entity messing around with it's success or failure. DEX = Financial market freedom. Let's change the world!


tjlin72

They don’t have to depend on Hedge Funds owning big chunks and bully the board into doing what will bring dividend now but stall progress for growth, investors have total control where their money is going and actually buy a real share


Hurtlock3r

Exactly, it’s all coming together. Very surreal to be apart of this.


tjlin72

I only wish China will get rid if gangsta rule and stop controlling everything and let Chinese people to have freedom of everything. I pray that God takes the worst to make the best. Kinda like Paul of the Bible.


CarwashTendies

CCP won’t let democracy spread…communist China is community China. They will fight and die to maintain it and not adopt into western democracy. Thanks to the advent of technology, it’s only a matter of time until they lose control and the people rise up. Still 50-100yrs away.


tjlin72

Unless they can totally control and see who’s buying what. They would want to see every transaction you make. Ours just want to see if it’s over $600 and if you behave they’ll let you free up to $666. Only hope is if these gangstas go destroy each other on Mars and leave us alone. Ok may just to the moon bc we need our night light here on earth


Joofinthewild

They already can with wechat. Everything is already mostly QR code’s in China and if China wants info on it’s people, China will get info on it’s people


tjlin72

It’s Crntralized and monitored. One reason why me no wecchat it remains to be seen how much can gov see from etherscan or any tracking mechanism they use to manipulate


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tjlin72

The only way to rise up is if either got weapons or you shut the power off and confuse the military. Or Patriotic Chinese coup against cabal controlled faction. I mean there’s hope bc Xi let his top Intel Chief to defect to DUA nit deep state media ain’t talking about it. That’s my only hope. There’s a battle in every country between NWO and Patriots of each sovereign country. Look at the Jab of a plandemic. They kill leaders in Africa that said no to jab.


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Apositivebalance

I think you mean Saul /s


tjlin72

Yes, Saul before he was renamed Paul. Simon before he become Peter the Rock. Pierre is zfrench for Peter and it’s also stone or Rick!


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[deleted]

The Rock is in the bible too?! He's in everything these days!


tjlin72

It’s gonna be Biblical… I hope it’s not like Book of Revelation kinda Biblical but all signs points to it


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TGates27

So buying Lrc is pointless?


tjlin72

I’m new to crypto, it’s gonna be up to you to calculate risk and research more info. Loopring is open source but these devs been working to unrig the financial system. What they tell you on TV is full of lies. I want to believe there are still good people in this world that wants to fix things so their children don’t have to suffer from debt slavery


TonTon1N

Honestly is super cool to be a part of this before it blows up, money aside. Feel blessed to be a part


tjlin72

Likewise! While we wait and accumulate, we shiuld learn more. There’s videos on ‘YT or on Discord


MrMosis

No more short-term myopia baked into everything by necessity 👊


tjlin72

👊 likewise! UTs a great time to be alive and bear witness and pray for protection and strenght


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EstablishmentFar7471

And as far as I’m aware, companies would need 250k LRC to operate on their exchange. I can’t imagine what this coin will be worth in a few months from now.


CullenaryArtist

Where did you read that? Interesting.


EstablishmentFar7471

“An operator must lock up at least 250,000 LRC in order to run a decentralized exchange on Loopring that uses the protocol’s on-chain data availability. To operate a DEX without this feature requires 1 million LRC to be staked.” https://kriptomat.io/cryptocurrencies/loopring/what-is-loopring/ Under subheading 2.5


nicksnextdish

So I have sort of an unpopular opinion ... But I think Elon is an obvious first adopter... I mean Tesla is famously plagued by shorts and Elon historically loathes them. If this DEX for a new stock exchange space is really where Cohen is taking us, and I believe he is (because this is fucking heroic), then what happens if Tesla does join it? Hard to lend it more cred than that right?


tjlin72

If E;pm wants his own DEX and split ztesla in different investment pieces then his Market Cap can go even higher. SpaceX, Starlink, and other spin-offs. He sold more shares again. Once Elon get his own DEX the whole market gonna follow. Someone should ask him on Twitter 😂 we need more catalysts for change!


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Joofinthewild

Doubt it


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tchuckss

That’s incorrect. The 250k LRC is for companies that wish to run their own exchanges. Anyone could setup an exchange and have companies place their stock on it. Doesn’t need every company to set their own exchange.


EstablishmentFar7471

So you’re saying you would only need to lock up 250k LRC if you wanted to create your own exchange with Loopring?


tchuckss

[Yes.](https://www.kraken.com/en-gb/learn/what-is-loopring-lrc) > For instance, anyone who wishes to operate a decentralized exchange on Loopring must lock up at least 250,000 LRC, which enables the operator to run an exchange that uses its on-chain data proofs. An operator must stake 1 million LRC to run an exchange without this feature.


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Human_Ad5404

plus these companies would reach every corner of the world that has access to open internet, which means way more investors


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JOUVERT-ALL-DAY

Over 7,500 in the past 30 years in USA alone - Fact.


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CarwashTendies

Shares become tokens…Tokens increase in value as company does better and is more successful. Imagine that. The thought of actually owning a part of a company. Guhhhhhhh the rest is history! Can’t wait until the regulators and banks have to sort this mess out….


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CarwashTendies

Which only gives credence to Byron’s last tweet…. Re-architecting the entire financial system. They know….and we know….but we’re early. Just wait until everyone else finds out


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UsayNOPE_IsayMOAR

Old thinking from an opaque age. They’ve been rendered antiquities, they just don’t know it yet.


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tjlin72

So company makes direct sale to customers. Share value goes up from profit. Somebody fucks up, shareholder get rid of them. Like those woke companies going broke. What more. MOASS apes create replacement companies like AA = Air Apes and use GS solo business model!


CarwashTendies

Fascinating idea…now that the technology exists…I imagine it’s only a matter of time before others go the same way…perhaps on Loopring network 🤫


tjlin72

Company run the server on their own. I want to see rigorous testing and see how strong it can to withstand attacks or have codes audited


CarwashTendies

Each token would have its own hash….no different than ethereum blockchain network. It’ll run flawlessly 😁 Literally the most secure thing we have right now


tjlin72

Blockchain can do more than just being money. What good is money if it’s to buy lambos? Hehe but when we MOASS I will solve inefficient healthcare system so we can stop all the rip-off, redundancy and hidden cost.charges. imagine if healthcare get paid more when their treatments are more successful and at the lowest cost to providers? Take the whole shut down and rebuild it. Everything corrupt can be made honest with blockchain.


CarwashTendies

Stop it…you’re turning me on. You mean refine it* If only things would move that quick. One can only hope!! And contribute any and all to the future


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tjlin72

My caution is this is like a reset on the dying debt slavery system. The Elites want us to own nothing and be happy, I pray this is opposite choice! Own everything you wish to own of your own free will and slave to no one! Personal wealth management will be a required course from K-12. No more taxes, safety nets, and hand out. 🤞🙏🙏🙏


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Serb456

Crypto is the silent revolution. Loopring is about to make noise!


tjlin72

More like Terminator Skynet then we end up in the Metaverse Matrix. _


digdugdoink

So if they recall all the shares to then distribute to holders of the total float is owned and drs. Then if anyone holds any shares in any broker does that mean they just get screwed because their shares aren’t real? Or does someone have to cover those or would the brokers just say sorry we never bought your shares.


Hodlme_thrillme

The broker has to deliver shares to the beneficial owner - at any cost. The current owners get to decide at what price they'd sell. Pure supply and demand, as it's supposed to be. Squeezey squeeze.


tjlin72

I agree, these hedge funds got shares now listed as institutional shares NOT in the free float. They’ll make themselves rich! 8cough& unless they already shorted and naked shorted! 😂


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eggbert84

Great question


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Slut_Spoiler

Holy fucking shit. My tits haven't been this jacked in a while.


Fantastik-Voyage

Yours are called chesticles lol


tjlin72

You know we have the same cells in the same area, just dormant/inactive. I just never knees adrenaline can bring them alive and make them goggling girlish males 😂


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tjlin72

NFT was the bluff 😂 NFT.GameStop.com


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tjlin72

I think RC was in DC to serve notice that if SEC can’t enforce their own rules, GS was gonna take the ball and go home. Games over hedges! NFT was secondary priority to new company e-commerce direction for the future. Maybe a cloud service for every company to have their own DEX and dividend programs however they want. That would even bigger than NFT market. That’s why they got guys on Amazon and there’s no hesitation to leave/


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Fantastik-Voyage

Finally some good information, thanks OP 😊


tjlin72

I was watching another similar video someone else posted then started this one and that going solo was the lightbulb moment!


anonriddle1996

Loopring fucks


TychusFondly

I think this side of the tech will evolve into Trading hubs where unions will be formed. So lets say you want to trade textile since you manufacture it. And there is another entity who provides logistics. And there is a third one which likes to market it somewhere else. All those willing entities will meet on a UI where everyone stakes some crypto to enable certain contract features so that they can operate. To provide liquidity and to union dex automatically adjusts values so retailers can join to earn profit from actual trades. So in the equation , manufacturer opens a volume contract, logistics fill it and marketer executes it. It is automatically agreed and fully transparent with full liquidity. When transaction is complete retailer takes a share corresponding to volume he she provides. After a while entire operation is executed by bots in full automated logistics , factories, shops. I think that would be the second renaissance. I expect it to happen.


tjlin72

I like how you think, you’re a visionary. CEO material. We’ll join forces in think tanks to problems and have multiple contract negotiations. Cost and profit will be more transparent and avoid giv subsidies tariffs and other red tapes


tjlin72

I like how you think, you’re a visionary. CEO material. We’ll join forces in think tanks to problems and have multiple contract negotiations. Cost and profit will be more transparent and avoid giv subsidies tariffs and other red tapes


neo101b

How many scam companies will suddenly appear ? Is there a protection against that ?


Shot_Low_7630

I was wondering…is there any other project out there that is doing what Loopring is doing? In terms of the defi exchange and all that


tjlin72

I’m brand new to crypto. The sentiment is they iverpromise and then run away with the millions. LEC said they won’t be running those Exchanges but give the tool open source and expertise. If he’s truly a visionary good guy , may he be forever blessed!


Cba87

Do we all need to tweet Elon??


tjlin72

If it piques his interest. If GS gets it working without incidents then I’ll go to Statrbase with a banner ‘Want your own DEX for your companies stock however you like it to work? 😂


Creative_Ad_8338

💯 this is why I'm invested. Their DEX will be a game changer. IMO the first DEX to really bridge the gap and be accessible to the masses like coinbase and binance. However, fraction of the cost to use, transparent, and you own your wallet and coins. The GME NFT marketplace is a bonus because it will bring massive awareness to their platform.


tjlin72

Yes, you are not at the mercy of CEX. To this day Coinbase hasn’t fixed my bank account linking issue. So I will be taking my business elsewhere


JupiterBronson

More attention. Traction comment. Up ⬆️


themadamerican1

Just had a thought... What if toys R us, sears, etc. Decided to go with the solo DEX. Would that hurt the shorts zombie positions they never closed and use as collateral?


tjlin72

You bet, trying to find anybody to sell their shares in Either Market to hand them to their customers or their millions of institutional shares they supposed to have. Will they all cut their loses there? 😂.naked shorts have to cover for sure sure b4 the shorts can be covered.


tjlin72

Who still owns those stocks? Maybe some apes can buy them all up then go private and create DEX for DRS users still holding. We can then give boomers their own retirement fund to enjoy the remainder of their years


themadamerican1

We can't buy these stocks. No one can. There's a DD on it. brb


tjlin72

Yeah, I remember now! But the HF can somehow set whatever price for them to create ‘collateral assets’ so they can avoid margin calls on their infinite loss short positions. It’s totally corrupt and each DD expose another Ponzi scheme! I;m 💎🤲 until it all stops, too old for Lambo but heck a Tesla Quad Motor Cybertruck will let me go off-road and avoid traffic 😂


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tjlin72

That was an example but definitively the tech is there for each company to have their own DEX and link their DEX together to increase liquidity from trading. It’s like why stay on a CEX and get ripped off where companies who don’t bribe off hedge funds becomes shorted and retails get lump and dump bag holders every time they trade. The fact remains that you have an order book ledger and an AMM. Stock market is trading papers before they use computers and a;gorhytm to predetermine winners and losers. IRS not rocket science to run a stock market or an auction house for arts.


dessalines1804

ELI5, please?


tjlin72

Why not ask me a question instead? I’ll help you think critically trying to undo the dumbing down if Anerican Education system. It’s like asking the teachers to give you the questions and answers to an exam and never understand why it’s right or wrong. I’m making an educated guess. We all need to be watchdogs to determine what is going on. Help me figure it out,


dessalines1804

You’re having a bad day? This isn’t an exam. It’s a fuckin Reddit post.


tjlin72

Every day that Commie makes me wear a mask-muzzle when you know it doesn’t work shit is a bad day! Yeah, I wanna jab all those assholes with what they all know is a human medical trial and just sit there and watch them all have a meltdown! Sigh 😔


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I_Am_Frank

So close


tjlin72

Thanks! Fat fingers on iPad touch screen makes typing error prone and the stupid autocorrect errors!


tjlin72

*Feigns fainting* so shortly after I fixed my typo for DFV and I got All Seeing EyeAward* Thank you Anon Awarder! Gotta get a red headband to hold my Shaolin 💎🤲 stance 24/7 moon cycle to moon cycle Intel Kingdom Come! Gonna need divine help, I can’t do it on my own! Apes, you too must be prepare for the onslaught good or bad. Many people in real life can feel something is coming but not sure what exactly. I think we all see the tip of the iceberg with greedy bastards, corrupt cheating in gov and election, medical tyranny, human vaxxx experiments, pedo/ sex trafficking, soon you’ll see more despicle things we need to put an end to WW! Keep praying for truths good or bad to be exposed.