Cardano Foundation CEO says blockchain could prevent GME-type showdowns
Cointelegraph
Published Feb 08, 2021 03:15AM ET
Updated Feb 08, 2021 05:00AM ET
The recent GameStop (NYSE:GME) saga — a financial spectacle that was a good deal more contradictory than a straight-up "David vs. Goliath" tale of Redditor retail investors vs. predatory hedge funds — has sparked numerous blockchain commentators to step in to try to redirect attention to their bet on a future overhaul of the financial sector.
Frederik Gregaard, CEO of the Cardano Foundation, is attempting to shift the conversation away from heated arguments over the balance of forces, rules of the game, or legitimate tactics in the recent showdown between the little guys, the hedge funders, intermediaries, Robinhood and regulators.
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Written By: Cointelegraph
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