Due Diligence Daisy Chains [FTX] S03:E12
Pirates of Finance
00:00
The F T X Is Going to Lead to an Absolute Cascade of Liquidity
I just don't think the crypto universe ever got to the point that it had mass institutional adoption in a meaningful way that this will spill over. It's concentrated leverage is just a dangerous game to play. Once you start leveraging up, you're bringing in that fragility or that cascade effect that can happen. And I am a big proponent of leverage. You know that I think leverage when applied to unlock the potential benefits of diversification is a huge tool that shouldn't go overlooked.
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