Post
Topic
Board Economics
Re: Will crypto lead to the next financial crisis?
by
roosbit
on 30/07/2021, 19:26:46 UTC
Looking at the past financial crises that happened, they all seem to have a few things in common, such as the mass adoption of a new financial product or technology (e.g. mortgage backed securities in 2008, dotcom boom in 2000). Given the extent to which institutions (and some influential figures) have been manipulating crypto recently, do you guys think this narrative is likely?
Wait a minute is this suppose to be a crypto crisis or financial crisis been caused here.... if it's crypto leading to a crypto crisis because some financial giants are all turning to crypto I don't think that's possible today,central banks have safe fails against this and in a case of crypto failing I think a crash is what we could have and not a crisis.