The Recent Collapse in Crypto Debt Structures With Caitlin Long (WiM 177)
The "What is Money?" Show
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Is the Build Up of Leverage in the Futures Market Different Than Last Time?
This time, the mark is not as pure. It's manipulated by financialization. The blow off top didn't remotely come close to what the models predicted that it would be. derivative traders took the top off the market. That's just one form of fractional reserve bitcoin. Same thing with lending, unless you have a lender that's a true market place lender and they're not lending more than 100% of their big coins. Some of these big lenders, including cred, which already filed for bankruptcy about a year ago,. U some of these lenders were running fractional there there.
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