shivinski

Interesting analysis that brings up the debate of unregulated markets.

A further question this raises is; if so much of the volume of a considerable number of exchanges is fabricated, when (not if) this gets discovered in the mainstream, will the price and prospect of cryptocurrencies come crashing down even further?

We would be, if it was officially for sale anywhere outside of China...

Not just Amex, I work for HSBC in investments. I've been desperately fighting to get even access to AWS as I need to run some machine learning GPU instances and would also love to have a much better server environment for some of my other internal apps here (which are shockingly supported by our outsourced, under-resourced and utterly useless IT function)...

Unfortunately, even though my department are more than happy to budget any money for AWS, IT, Internal Security, Risk etc. are all blocking the path saying they haven't vetted or onboarded Amazon, and that they're working on their own internal cloud so that we can do similar things (I've tried this "internal cloud", it's beyond useless. Slow and locked down more than guantanamo so you can't actually do anything with it).

Software devs in Banking are paid slightly more, but again compared to a baking software dev in the likes of NY it's still low. I work in a front-office team (so effectively on the investment side) at a bank as a quant dev VP, 3 years experience and earn £105k (that's including my bonus).