[ExI] How slow is capitalism?

[Jones Murphy]

Eugen, alternative systems exist and are in force all over the world,
starting with stone-age barter. Your first 2 paragraphs contradict
what you said before, that fast trading cannot be real capitalism.
Yet, you refer to a "scam". I leave you to debate yourself.

On Wed, Apr 27, 2011 at 12:05 PM, Eugen Leitl <eugen at leitl.org> wrote:
> On Wed, Apr 27, 2011 at 11:46:48AM +0200, Jones Murphy wrote:
>> So answer the question, Eugen. How slow is real capitalism?
>
> The speed of the trades stands in absolutely no relation to
> whether the entities traded correspond to real value, or
> imaginary money.
>
> You can take the last slow tulip boat or trade iridium in
> submicrosecond latency. You can have your slow tulips, if
> I can have my fast iridium.
>
> However, you're participating in the scam by being part
> of the system. The real stuff is mixed right with ricin.
> The only way to win is not to play. Few are so radical.
>
> Alternative systems do not yet exist. Few see the need
> to buld these though the tools have been existing for
> decades. Realistically, this won't happen on time.
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