$2B is chump change lol, Bill Hwang/Archegos blowing up in 2021 cost banks $10B in losses. Crypto is hilariously tiny compared to the actual world of finance.

$2B is chump change lol, Bill Hwang/Archegos blowing up in 2021 cost banks $10B in losses. Crypto is hilariously tiny compared to the actual world of finance. SPY (a single ETF) does as much dollar volume in a single 7.5 hr trading day as the entire crypto market does in 24h, and the entire crypto ‘market cap’ is worth less than half of Apple, one company.