Many exchanges were effectively being propped up by FTX. So when suddenly the price of multiple cryptocurrencies dipped, there were hundreds of margin calls immediately. People pulled their money out and that was the collapse. Because they were gambling. That's all it was. They created it. It created an entirely over leveraged scene. And everybody in the wider crypto ecosystem was somehow impacted. Of course, to everyone's demise, it'll come under intense regulation.
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Stagflation. Fuel Prices. Shortages. Political Turmoil. War in Europe. Roe V. Wade. Crypto Collapse. Counter-counter culture. Most years have one or two seminal, defining events that set the societal zeitgeist, but in 2022 so many events vied for attention that most people had to take time not only to revaluate what it means for the future, but also simply how to filter out the signal from the noise. Tonight we dive into the year, starting with the Ukrainian conflict, and ending with what might be emerging as an escalating one in Mexico, but in between cover the economic and cultural shakeups that continue to leave shockwaves into 2023.
