3min chapter

Swan Signal Live - A Bitcoin Show cover image

Preston Pysh and Andy Edstrom - E85

Swan Signal Live - A Bitcoin Show

CHAPTER

What Is Leverage?

Andy Wold: Canu just give us a quick oreviel on how that whole gambling system works. How can people get access to it? Are the people who are lenders for for leverage, what kind of bets are they making? And you've got all these parties in the system, just like in the financial crisis where everybody owes other people money. Nobody can trust anyone else and as soon as trust goes out the window, everyone calls in their short term loans. You finally get to see who's who's swimming naked.

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