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Matt O'Brien: Crypto people had the biggest self-own in history
Posted on 11/12/22 at 10:45 pm
Posted on 11/12/22 at 10:45 pm
quote:
It’s no exaggeration to say that crypto people were so upset by the 2008 financial crisis that they decided to create their own financial system that *only* has 2008-style financial crises.
The biggest self-own in history.
quote:
The fact that the unregulated crypto financial system keeps having 2008-style financial crises is—not that we needed it—another sign that the actual 2008 financial crisis was the result of under, not over, regulation. Crypto dopes still don’t get that though.
LINK
This post was edited on 11/12/22 at 10:46 pm
Posted on 11/13/22 at 10:20 am to UltimaParadox
Lol. Will be interesting to see if you are ultimately correct or the pico bottom signal.
Posted on 11/13/22 at 2:25 pm to Street Hawk
Funny that all these issues are happening with the centralized exchanges and the decentralized swaps are humming with no issues. Fractional reserves will frick any system and that’s what these exchanges are doing.
Posted on 11/13/22 at 2:28 pm to TigerTatorTots
quote:Yep. Defi looking good and working good. Self custody. Real crypto. Let the CEXs die.
Funny that all these issues are happening with the centralized exchanges and the decentralized swaps are humming with no issues
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