To be fair, that's true of any collateral. Housing markets can crash, countries can have hyperinflation, diamonds could flood the market, etc. Gold's sorta sa

To be fair, that's true of any collateral. Housing markets can crash, countries can have hyperinflation, diamonds could flood the market, etc. Gold's sorta safe, unless we find a huge new source, or people stop caring about it beyond its manufacturing uses. But yeah, crypto collateral for crypto is a bit of an "if we die, we die together" decision.