Patrick Byrne

@PatrickByrne ↗

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Last Checked Feb. 25, 2023

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Tue Oct 29 06:42:28 +0000 2019

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Patrick Byrne @PatrickByrne

Ultimately the plan was to create some way for people to arbitrage between the market on NASDAQ and the market on T0, given that what was trading on each was a nearly identical package of rights. Then that arbitrage would create and expand the wormhole between the two universes. — PolitiTweet.org

Posted Oct. 29, 2019 Hibernated

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Patrick Byrne @PatrickByrne

It will also generate for T0 trading commissions. I suspect that currently there are $200,000/day being generated with the trading of OSTK on NASDAQ. If That could all be shifted to T0, and priced at 50%, it would still generate $100,000 per day for T0. So that would be awesome. — PolitiTweet.org

Posted Oct. 29, 2019 Hibernated

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Patrick Byrne @PatrickByrne

Someone asked on Twitter words to the effect, “will it still force a short squeeze?” I have no idea and that was never really the plan. I recognized that it might’ve happened, but that was not “the plan”. — PolitiTweet.org

Posted Oct. 29, 2019 Hibernated