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?
it is still difficult if crypto can be the cause for the crisis. I think this is still uncertain because the power of crypto in the world is very small, the crypto market is still easily shaken by small issues compared to money in all countries or companies that are very different. so the narrative I think is irrelevant