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"Chancellor on Brink of Second Bailout for (crypto) Banks" In the end you can change the tech but you'll never change human nature. Those who managed to accumu
by Bubble_Pop_22 4y ago
"Chancellor on Brink of Second Bailout for (crypto) Banks"
In the end you can change the tech but you'll never change human nature. Those who managed to accumulate their own loot are propelled to places of political power and as soon as something remotely bad happens they want to appear charitable and empathic. There would be nothing wrong if they used their own money instead of using their political clout to dilute people who were not so stupid to invest in subprime/Terra.
It's the 2008 movie all over again starring:
Do Kwon as Richard Fuld
Vitalik Buterin as Ben Bernanke
- firstSpeaker 4y agoI hope it does not turn to the bloodbath of 2008. But there for sure seems to be a few nose dives in some segments.