1 mo
wouldn't it be cool if you could go 'yo, this coin is worth 40c on Base but 50c on mainnet, can you just buy-move-liquidate till they're even on price' to an app and it just goes 'sure, will txt u when I'm done' asking for a friend, lol
I believe that that was the basis for FTX. That was how they originally started. unfortunately it did not end well for them. eventually you run out of room for that kind of profit. just like how the original Ponzi scheme started out with stamps that were worth 50% more in America than they were in Europe. So Ponzi would buy these stamps in Europe and then sell them in America. Where it all went wrong for him was he eventually ran out of stamps to buy. he made quite a...