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A comment on Coinbase Announces 18% Layoffs. Parent comment

Re:Coinbase Announces 18% Layoffs by automatic6131 on Tuesday June 14, 2022 @10:05AM (#31739686)
>This is because national currencies keep inflating Now consider the (dominating) 2nd order effect that the price of the "bag" was inflated by leverage and speculation.

Definitely worse than most national currencies outside of select countries.

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Re:Coinbase Announces 18% Layoffs by danuker on Tuesday June 14, 2022 @11:07AM (#31740590)
Speculation is healthy in a market. For example, futures contracts let farmers hedge themselves against bad weather.

But I think leverage is insane with the volatility of the cryptocurrency market.

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