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A $2T loss in asset worth is much different than $2T of liquidity. People often confuse the two, but they're incredibly different.
by m00x 4y ago
A $2T loss in asset worth is much different than $2T of liquidity. People often confuse the two, but they're incredibly different.
- twodayrice 4y agoConsider how mortgage derivatives relate to the underlying asset. It feels like crypto has made credit default swaps look like a child’s toy. They say it’s all on the chain, but there are a lot of chains.
- deleted 4y ago[deleted]