News for hackers. Stuff that matters.

A comment on Crypto dominoes fall in the wake of FTX's collapse. Parent comment

Re:Crypto dominoes fall in the wake of FTX's collapse by archontes on Thursday November 17, 2022 @11:36AM (#33641384)
This is just a demonstration that this is a naive way of estimating value.
[ Parent | on HN ]
Re:Crypto dominoes fall in the wake of FTX's collapse by dougmwne on Thursday November 17, 2022 @01:34PM (#33643441)
But this is exactly how all assets are priced and that price signal is good enough to take loans out against the asset collateral and create even more money supply.
[ Parent | on HN ]