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Cryptocurrencies have huge market caps though. If they crash (like the Luna disaster last week), that has to have some kind of impact, right?
by plonk 4y ago
Cryptocurrencies have huge market caps though. If they crash (like the Luna disaster last week), that has to have some kind of impact, right?
- lvl102 4y agoI really think it’s insulated especially compared to the housing market collapse. This is because most banks will not take your crypto as 1:1 collateral whereas housing was perceived to be nearly risk-free. A big difference. I am not saying we are not in an asset bubble. But it would be a mistake to draw simplistic comparisons.