/biz/ - Business & Finance

>>53839222
I can’t really speak to the benefits or drawbacks of bridging as it is not within the scope of my argument really, as my position is financial firms won’t want to adopt Defi anyway for operations and there will be large mutable centralized chains that they use which disincentivizes DON’s financially. For example, selling to usd and using swiftnet to transfer USD to a broker is a bridge, and a likely one if the cost incentives to use the DLT aren’t there

I’m going for best reasoned post this century yes.

>>53590518
WHY IS MY TLT GOING DOWN

>>53573411
I got the perfect reaction image
>What is a bond?

Making this it’s own thread because /smg/ is retarded

An ISDA agreement is considered a transaction legally, this puts it legally under the umbrella of a Commercial agreement. The way that commercial agreements are settled internationally and domestically is through arbitration rather than litigation generally. This arbitration is PRIVATE, it is a closed court proceeding that is settled privately between the parties involved. ISDA requires you to agree to arbitration clauses generally in their agreements. The arbitrator that ISDA recommends for their standard agreements is P.R.I.M.E, a Netherlands based arbitrator with A HEAVY fucking list of members

https://primefinancedisputes.org/page/who-we-are


Guess who the FUCK is on this list except Ida Levine, former Chief investments officer for JP Morgan. If you were browsing earlier today, I posted another article about Ida Levine, the coincidence is mind blowing, anyway in 2012 Ida Levine oversaw a 200 billion dollar rouge credit trading element of JPM, this department lied to federal regulators about their exposure and positioning in credit default swaps and hiding 6 billion in losses, debatably capturing the agency, this was for the commercial bank JPM by the way these funds were not to be taking long positions.

Fucking secret courts in the Netherlands that 300 trillion worth of derivatives are settled in, headed by former bankers who regulatory captured US agencies. In-fucking-sane