Why is the US stock market the most active capital market in the world?
Freedom + Strict Regulation!
Going public is easy, but going public doesn’t mean much; liquidity is the key!
What’s the point if there’s not much capital trading?
For example, BTC has decent liquidity, while ETH is like an overlooked altcoin. But it can’t compare to COIN or CRCL; this is a choice of capital.
