1min chapter

Odd Lots cover image

Roshun Patel on What Really Happened During the Crypto Market Crash

Odd Lots

CHAPTER

I've Been Thinking About Up Dating My Mental Model of the Space

i've been conceiving of miners for quite a long time as these, like, super industrial operation s. The swaps market, the derivatives market, how big that's gotten is the part where i've most needed to sort of, like up date my mental model, so to speak. It does speak t really interesting things happening in the space that could poten ly be applicable to more traditional finance. Gought to say the point about, you know, am crypto sort of getting worried over settlement times that are something like t plus one when mad the traditional financial market deals with something like t plus two or t plus three.

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