Crypto Is Experiencing It’s 2008, and It’s Only Getting Started

Speculative bubbles are unsustainable, and this one isn’t getting any better.

Photo by Kind and Curious on Unsplash

In 2008, the main cause of the end result was over-leverage. If you have $100 million, you have enough money to get whatever you want. You could use that $100 million to get $1 Billion in loans and use those loans to buy up $10 billion in assets by only putting down the down…

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