bearish
#40 The Contagion Vectors of the FTX debacle
SUMMARY
- Time flies in crypto. If you swap "years" for "hours" in this quote from Marvin, the Paranoid Android from The Hitchhiker's Guide to the Galaxy, you get a glimpse of what crypto has been like in recent weeks.
- “The first ten million years were the worst," said Marvin, "and the second ten million years, they were the worst too. The third ten million years I didn't enjoy at all. After that, I went into a bit of a decline.”
- In the last few weeks, FTX has exploded, and somehow it keeps exploding.
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