The Three Risks Still Left for Crypto | Weekly Round Up
Supply Shock
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Is It Better if It's Corruption?
I would have more sympathy to the idea that this was a perfectly orchestrated takedown if I saw an immense amount of competence being exercised in other aspects of government. But I don't like I, that's just not how I view it. It does bug me about it, Michael, is we had this similar activity in, in Bitcoin at Luna at three arrows at FTX. And now here, yeah, you get this spike right before another drop. The logic goes that the people lied. They didn't have it. And therefore they had to go buy it. And so that put pressure upward pressure on the price. And then they had to give it to people as they took it out.
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