Behind the Money cover image

What FTX’s collapse means for crypto

Behind the Money

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Is Crypto Not Dead?

I personally have declared crypto to be dead on at least half a dozen occasions previously. And it is an incredibly resilient asset class, for want of a better word. People stick with this thing. The whole kind of mindset around crypto is just hold on. It's also against the system. You've got to hold on to your coins no matter what happens. I can't see that recovering anytime soon. But in terms of nuking the price of the coins itself, this doesn't appear to be enough to put people off.

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