Hasn't this horse been beaten to oblivion in the past 4-6 months? Fuck, I seem to recall the beating of that horse further back, as well.
We gots ourselves all kinds of stupid ass theories regarding the supposed bitcoin bubble, and yeah, it does not surprise me that you, toknormal want to include some of those exaggerated and FUDster talking points
We gots ourselves all kinds of stupid ass theories regarding the supposed bitcoin bubble, and yeah, it does not surprise me that you, toknormal want to include some of those exaggerated and FUDster talking points
Hey, it's not rocket science. Wake tf up please.
This entire sector is about the trading of trustless assets. If you have a single corporate entity accounting for 2/3rds of the GLOBAL "fiat" volume (we're not just talking a single exchange here) you need to be on a high dose of delusionary cool-aid not to see an implicit major problem.
The reserve ratio doesn't matter. (Even if it did exist, which it clearly doesn't, no one keeps $2.2 billion sitting idly in a bank account anyway).
Far from being "beaten to death" it's slowly turning into the elephant in the room with which this market will be "beaten to death" sooner or later.