Comments on: Dark nets http://www.blindside.org.uk/2007/03/27/dark-nets/ What's going to go wrong in our e-enabled world? Tue, 06 Jan 2009 11:51:18 +0000 http://wordpress.org/?v=2.3.1 By: wendyg http://www.blindside.org.uk/2007/03/27/dark-nets/#comment-89 wendyg Wed, 04 Apr 2007 22:11:08 +0000 http://www.blindside.org.uk/2007/03/27/dark-nets/#comment-89 Today on CNBC I heard the statistic that the NYSE could be in trouble down the road because last week the percentage of trades going through it (as opposed to ECNs, alternative trading systems, and eg NASDAQ) has dropped below 50%. The pct went back up again, but the commentator was saying if it does that repeatedly... Another example of how the Internet - or computer networking generally - is shaking up how things work. Unfortunately, my strong impression is that this particular shake-up is more likely to enable traders to bamboozle the rest of us than it is to empower us. I remmeber at the height of the day-trading media frenzy (day-trading is far bigger now than then, but then is when the media covered it) hearing a broker say that people were willing to churn their own portfolios "far more often than we'd have ever dared to do". Why rip people off when they will do it to themselves and hand you the proceeds willingly? wg Today on CNBC I heard the statistic that the NYSE could be in trouble down the road because last week the percentage of trades going through it (as opposed to ECNs, alternative trading systems, and eg NASDAQ) has dropped below 50%. The pct went back up again, but the commentator was saying if it does that repeatedly…

Another example of how the Internet - or computer networking generally - is shaking up how things work. Unfortunately, my strong impression is that this particular shake-up is more likely to enable traders to bamboozle the rest of us than it is to empower us. I remmeber at the height of the day-trading media frenzy (day-trading is far bigger now than then, but then is when the media covered it) hearing a broker say that people were willing to churn their own portfolios “far more often than we’d have ever dared to do”. Why rip people off when they will do it to themselves and hand you the proceeds willingly?

wg

]]> By: wendyg http://www.blindside.org.uk/2007/03/27/dark-nets/#comment-81 wendyg Tue, 03 Apr 2007 16:27:23 +0000 http://www.blindside.org.uk/2007/03/27/dark-nets/#comment-81 TOR is quite different. This is what O'Reilly memed as Web 2.0. Look for my ointerview with Marc Hedlund (CEO and founder of www.wesabe.com) on the Inq 4/4/07. wg TOR is quite different.

This is what O’Reilly memed as Web 2.0. Look for my ointerview with Marc Hedlund (CEO and founder of www.wesabe.com) on the Inq 4/4/07.
wg

]]> By: W http://www.blindside.org.uk/2007/03/27/dark-nets/#comment-43 W Thu, 29 Mar 2007 15:46:54 +0000 http://www.blindside.org.uk/2007/03/27/dark-nets/#comment-43 This sounds important. I dont think sharing MP3s is going to destroy the world but the idea of a hidden stock market of private financiers has implication I think we need to understand. Does this also relate to Tor, and criminal use thereof? I think it might be good to open up this question of dark nets - thx Wendy. This sounds important. I dont think sharing MP3s is going to destroy the world but the idea of a hidden stock market of private financiers has implication I think we need to understand. Does this also relate to Tor, and criminal use thereof? I think it might be good to open up this question of dark nets - thx Wendy.

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