3 ms·

> I'm glad you acknowledge that Bitcoin is vulnerable to having its value cut in half by the collapse of a single company. It wasn't a single company. It was a

> I'm glad you acknowledge that Bitcoin is vulnerable to having its value cut in half by the collapse of a single company. It wasn't a single company. It was a chain of events over many months and huge amount of contagion.

komali2 4y ago
What does this mean? It was still a single company, yes?
- latchkey 4y ago
  > It was still a single company, yes? No. That's like saying Madoff was the only one in 2008. https://jumpcrypto.com/the-depegging-of-ust/ https://jumpcrypto.com/the-depegging-of-ust/