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If you don't think the crypto space is leveraged to the tits and back in an ouroborosian orgy of rehypothecation I've got an NFT representing legal title to the
by arcticbull 5y ago
If you don't think the crypto space is leveraged to the tits and back in an ouroborosian orgy of rehypothecation I've got an NFT representing legal title to the Brooklyn bridge to sell you.
But no, leverage isn't what took down the Albanians. It was investing 50% of their GDP in unproductive MLMs.
- vmception 5y agoI think there is a lot of leverage in the crypto space, I don't think there is much contagion to the other financial system, yet.
- arcticbull 5y agoAh, I see, apologies if I misread because I agree with you.