Comment on The american crypto mafia
LandedGentry@lemmy.zip 11 months ago
Exchanges typically do this. Ironically its also harmful to the libertarian side if the movement. Keeps the coins use as speculation rather than currency, centralized since you are using a broker, and bonus is that it defeats anonymity as most brokers need to follow kyc laws.
Tho the real harm is the free market itself. No one cares about moving to it and the rampant scams deter mass adoption (even if people wanted). Neat microcosm of libertarian ideals.
You can borrow crypto there days?
Looks like the big crypto exchanges allow you to borrow/short sell.
There are crypto companies that are publicly traded as well as crypto ETFs. You could short sell those.
Personally,I wouldn’t risk it with how crazy crypto is. It’s seems way too easy to manipulate.
Its easy but risky
Liqudates your estare if the leverage crosses a threshold
Just use the (free) kraken pro site
Long short etc
Read their docs
Kraken
sturlabragason@lemmy.world 11 months ago
Seems you could have done that when you wrote this comment based on this nights news… bad luck mate