You are viewing a single comment's thread from:
RE: Blockchain in Fixed Income Markets (Part 1)
Good overview of bonds. One slight correction, Fannie and Freddie are not government organizations. They are government sponsored but are, in fact, publicly traded. Here are their stock prices:
That is correct and good point. I am trying to start with overviews and not dive into too many nit picky details or distinctions yet. My overall objective is to immerse knowledgeable crypto currency enthusiasts with the realities of Wall street trading mechanics. I see too many posts on how blockchain will overtake the world when there is clearly a disconnect on how (un)receptive entrenched protocols and institutions will be to change. For example, while Ripple is the leading contender for industrial Wall Street use at the moment, the players want to privatize this to keep control. Many do not understand the WHY on topics like this.
Preach! I think it is a very good idea to try to educated people in this space about traditional institutions. I see many people hating on institutions like Fannie and the Fed and they have no clear understand of their function. Good luck with that!