In past notes, we have talked about how the race to zero latency in the trading world has created new networks that have drilled holes in the Pennsylvania mountains (Spread Networks) and have installed new high speed cables at the bottom of the Atlantic Ocean (Hibernia Atlantic) to save a few milliseconds. These networks, of course, charge high rents for access to their lines. Today we’d like to introduce you to another concept floating around the HFT world: Seasteading.
Seasteading is the concept of creating permanent dwellings at sea, called
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