Re:Does the $2T crypto loss balance out the $2T money supply...
by m00x on Wednesday January 11, 2023 @02:27PM
(#34343275)
A $2T loss in asset worth is much different than $2T of liquidity. People often confuse the two, but they're incredibly different.
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Re:Does the $2T crypto loss balance out the $2T money supply...
by twodayrice on Wednesday January 11, 2023 @03:27PM
(#34344168)
Consider how mortgage derivatives relate to the underlying asset. It feels like crypto has made credit default swaps look like a child’s toy. They say it’s all on the chain, but there are a lot of chains.