
Contagions and Cascading Liquidations in Cryptocurrency
Crypto Critics' Corner
00:00
The Fed Says It's Systemic, and the Fed Never Gets Yet Wrung
I don't think it's broadly systemic to the financial system. There are certain companies that could get hurt in certain scenarios, right? Like you named microstrategy. We've seen these people bail each other out and succeed before so they could very well do that again. I would tell people to be extra careful on any lending platforms. Be cautious on your centralized exchanges. If the beds are somehow to shut one of these exchanges down, that would be bad news bears big time.
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