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In no way, shape or form would a crypto implosion be anywhere near the financial crisis in impact. It’s just not systemically important. It’s essentially “phant
by pbourke 6y ago
In no way, shape or form would a crypto implosion be anywhere near the financial crisis in impact. It’s just not systemically important. It’s essentially “phantom wealth” not underpinned by any economic reality - even more unglued from reality than esoteric derivatives.