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Bonus: The Crypto Story by Matt Levine - Part 6

Bloomberg Crypto

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How to Make $100 Million in Cryptocurrency Trading

In practice, no one is going to lend you $100 million. The longer it takes you, the more likely it is that the clever arbitrage you've spotted will go away. People sometimes leave money lying around in crypto, and crypto has built very efficient ways for other people to take their money. It's an egalitarian, decentralized, permissionless way for anyone who spots an arbitrage to be able to exploit and close it.

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