/biz/ - Business & Finance

Anonymous Tue Dec 6 18:40:56 2022 No.52759570 [View]
File: 558 KB, 668x2000, file.png [View same] [iqdb] [saucenao] [google]

https://www.reddit.com/r/Superstonk/comments/zea7ho/ramp_a_company_which_facilitates_fiat_to_crypto/

So you know, if a hedgie needs to buy an NFT, with crypto, for a price you set because he shorted the float and then some, can't deliver the dividend because he needs to buy it, and said dividend has a smart contract in it where you get the % of profit from the company embedded into the Smart contract of said NFT, if you ever wanted to sell said NFT for FIAT then Ramp have now made it so you can sell for fiat directly from your GS wallet

The timing of this makes me think that Q4 earnings is going to be mental as everytime a hedgie needs to buy an NFT then gamestop earn 5% If said NFT is worth £1m because market forces then GS's earnings in Q4 will be fucking mental.

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/biz/ - Business & Finance

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