2min chapter

The Compound and Friends cover image

People Hate Inflation, but Unemployment Is Worse

The Compound and Friends

CHAPTER

The Big Story in Cryptocurrency Today

The big story in crypto today and over the last few days is centering around Genesis, who was owned by Digital Currency Group. They loaned three hours capital, two point six billion dollars. And it's just not looking very good. You know what centralization does? It stops the six biggest crypto companies in the world from all giving a margin loan to the same bullshit hedge fund.

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