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Ben McKenzie Profile picture
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May 12 • 3 tweets • 1 min read
Apologies for how technical this is gonna get, but here’s my full analysis of how the crypto industry actually works (1/245) 🧵:
Ain’t nothing in life free. #EasyMoney coming atcha via @AbramsPress

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More from @ben_mckenzie

Ben McKenzie Profile picture
May 13
A few quick thoughts on the state of play in crypto at the moment 🧵
It wouldn’t surprise me to see even more volatility than usual (yes, it’s possible!) in the near term. Wild swings up and down.
Retail (regular people) are not entering the casino at the same rate they once were. This was the fuel that drove the car.
Read 8 tweets
Ben McKenzie Profile picture
May 12
Based on previous crypto crashes, like May 19th, 2021, this is what probably happens next 🧵
The exchanges shut down. They will provide an excuse for this. “Previously scheduled maintenance” is the usual justification.
Never mind that it wasn’t previously scheduled, it’s a way of making sure you can’t get your real money out of them.
Read 11 tweets

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