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If people are doing any kind of leveraged positions on Cryptocurrency then who the hell lent them the money?
by alkonaut 4y ago
If people are doing any kind of leveraged positions on Cryptocurrency then who the hell lent them the money?
- FridgeSeal 4y agoOther people in crypto? Haven’t you seen how wild that ecosystem is?
- TimJRobinson 4y agoYou haven't heard of decentralized finance? It's a $250B industry mostly running on Ethereum. Constantly surprised how out of the loop HN is on this.
- alkonaut 4y agoI wasn't aware that hedge funds operating on top of it were a big thing (i.e. leveraged risks). You'd think the volatility of these things are bad enough even if you are merely doing traditional investment funds (i.e. just investing people's money - not investing peoples money leveraged by further lending).