Re:Does the $2T crypto loss balance out the $2T money supply...
by spiralx on Wednesday January 11, 2023 @07:48PM
(#34347485)
> the "$2T" crypto loss would be a "$2T" crypto gain elsewhere
Is that better? Not sure why that was confusing you though, what about this?
> the crypto losses are crypto gains elsewhere
> And the $2T figure is based on the nonsense "market cap" metric that has almost no relationship to the actual amount of real world currency
It's impossible for both these statements to be true.