too much for granted,” he told me.
Nor does it really show up in market data. I spent some time trying to correlate the FTX collapse with various indicators, from the yields on U.S. Treasurys to the value of the dollar, looking for signs that the events of Nov. 7 — when FTX began melting down in earnest — were infecting broader markets.
The rest of crypto, meanwhile, is acting like a sideshow. Sure, it might be the future. But it’s having astonishingly little impact on the present.in a recent newsletter, “after a decade of experimentation, we seem to be no closer to building blockchain-based applications that are useful to ordinary Americans. The applications that have thrived have mostly been tools that let people speculate on the value of tokens.
Yet the wider financial system has widen wealth disparity especially for owners of publications like the one you write for. 1st inning - Talk to us in 2023 (you wont have a job)
henryolsenEPPC When she's not busy trashing the Royal Family, she finds time for financial analysis. And the Washington Post actually publishes it. My word.
The exchange is part of the financial system. It’s not “crypto” per se.
Demonstrative of the degree to which crypto is no more a 'currency' than my left buttcheek tbh
Maybe iyo, one hack away. But thanks for the spin
Actual companies with actual products are unaffected by the collapse of a pyramid scheme. Also, the sky is blue.