this post was submitted on 17 Oct 2023
16 points (100.0% liked)
Amateur Radio
1088 readers
1 users here now
A Lemmy Community to share links about and for amateur (ham) radio to advance the technology, and promote communication and international goodwill. This community IS NOT for CB, GMRS, MURS, FRS, etc topics unless they are related to ham radio in some way.
We won't tolerate personal insults, illegal activity, or anything contrary to good amateur practice.
If asking questions about regulations, please include your country because we recognize that, while the hobby is international, regulations often aren't.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The faster market information thing provides no actual benefit to anyone, it'll just pollute the spectrum and maybe elevate the trading operations that were able to get licenses but ultimately it just puts everyone back where they are now because they're all just competing to make faster trades.
If FTL comms arrived tomorrow they'd all spend unimaginable sums of money and then all be immediately back at parity again. At the end of the day this proposal just means we lose, they gain nothing (though the ones proposing this probably expect to be able to exclude at least some of the competition by virtue of the very limited bandwidth) and tons of investor money is wasted on nothing.
We need to move to a quantized trading system where trades are all settled every minute or so instead of this war over microseconds all as part of a needless zero sum game.
It does provide a benefit - but to the very greedy, very few. If there was ever parity, the bands would be filled with their greed noise.