3min chapter

Ones and Tooze cover image

What Does a Crypto Crash Portend for the Economy?

Ones and Tooze

CHAPTER

Cryptocurrency - What Kind of Damage Did It Inflict Over All?

The terror and lunar coin system, boto, has collapsed. The collapse is a demonstration of the inherent instability of some of especially the algarhythmic stable coin model. Boto: It was quite unsurprising that this weakling should snap. But what we're seeing right now in the wider stock markets sell off, is a destruction of value that runs into the trillion dollars.

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