I'm ignorant as to how BTC exchanges work. Is there a market maker providing liquidity or do the exchanges take inventory themselves? Any info for this would be appreciated. Insofar as uneducated guesses go, I suspect they are facing a "bank run" liquidity crisis based on them taking inventory and not having the capital to accommodate withdrawals.
Lol. This is funny. To break into Wall Street, you almost have to have an unpaid internship. If you do well, they offer you a job there. If you don't, they don't. People just WANT to hate Sandberg. An internship is a chance to learn; you aren't entitled to learn at a company. Paid interns are the exception; they are odd. You're used too Google too quickly and clearly don't understand how most industries operate. If you think apprenticing would be more beneficial, call it that. Interning is an opportunity to learn, not to pay rent.
That tells us less about what is normal practice by most businesses and more about how screwed our financial system has become. If I am running an organisation, I want the best people, not just the best people from the group who's parents are wealthy enough to let them not need to work in the first place.
This is a case of selling the shovels to gold miners. This is only a way for them to unload their 11mm position in Bit coin to a greater fool. Once the Feds determine that Bit coin is a money laundering service, all these shares will be worthless. If you aren't smart enough to trade actual Bit coins, why would you buy a derivative of one?
