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Planting a timestamped flag here in the internet saying that I think the #FTX bankruptcy is going to end up triggering crypto nuclear winter and then grow into an extinction level event.
we barely saw the explosions's.
the shockwave is still on its way.
then, tsunami 🌊🌊🌊🌊
we barely saw the explosions's.
the shockwave is still on its way.
then, tsunami 🌊🌊🌊🌊
as if crypto wasn't looking grim enough, here comes an Italian investigative journalist talking about scandals rocking "the whole ecosystem".
Ask yourself: which big names in crypto are from Italy?
(ps typo is driving me nuts but I can't move the flag.)
Ask yourself: which big names in crypto are from Italy?
(ps typo is driving me nuts but I can't move the flag.)
I can't find the source now but that giant sucking you hear is a slowly rising tsunami of already over $1B per day of crypto being sucked off the exchanges and back into fiat or into self custody.
the exchanges won't be able to deal w/this. something is going to snap soon.
the exchanges won't be able to deal w/this. something is going to snap soon.
