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I work for another (much smaller) crypto market maker. Alameda imploding would definitely cause a lot of specific assets to nosedive in the short-term, and a l
by pcthrowaway 4y ago
I work for another (much smaller) crypto market maker.
Alameda imploding would definitely cause a lot of specific assets to nosedive in the short-term, and a lot of volatility, but I think it'd be impossible for it to destroy crypto (perhaps the Solana blockchain, since they're heavily invested, but even that seems like a stretch).
That volatility would also be a ton of opportunity (for other market makers).
Things that could conceivably destroy crypto are more along the lines of coordinated regulation from an influential, multinational group, like the entirety of the G7
- FabHK 4y ago> Things that could conceivably destroy crypto are more along the lines of coordinated regulation from an influential, multinational group, like the entirety of the G7 Sounds like a plan.