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regulators are right, crypto is becoming a danger the global financial system
nothing this volatile should be allowed to be used for credit creation in an economy
>>60630577 (OP)too late lmao
this will be ftx all over again
>>60630601Agree. I hope it blows all up. Popcorn is ready.
>>60630580Hopefully, I hate those fractional reserve Jews like nothing else.
more collateral than loans, safe
>>60630577 (OP)Another problem created by usury
>>60630577 (OP)I don't understand the point you're trying to prove.
>>60630577 (OP)I have 1 Bitcoin, how big of a loan could I get? I make $140k/yr
>>60630668there's a reason why institutions that are allowed to create credit (like banks) are regulated and so is the collateral they are allowed to issue credit on (like real estate)
>>60630577 (OP)Kek this will make the volatile asset even more volatile
1B is a drop in the ocean of global capital.
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md5: 45e7ac3ec10949e307e89c0d9eff4221
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ETH is immune to this, DeFi has no fractional lending, BTC will the the only coin liquidated.
>>60630577 (OP)where is the issue
credit is being backed by value, and 50% is very low LTV