Jim Bianco & Mark Yusko: The Inside Story Behind FTX's Fall | Weekly Round Up
Supply Shock
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Crypto's Lehman Moment - What's the Difference in Crisis?
The problem with centralized exchanges is that the business model is inherently unstable. You can sow the seeds, a doubt, create the bank run that Jim just described. And then you end up with an obliteration. If you want to continue with a with a centralized model of brokering, you're going to need some kind of version of a central bank in crypto.
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