> their implosion would surely do more to damage cryptocurrencies than global US Dollar hegemony
Crypto never threatened the dollar. What is creating issues is crypto’s risks causing losses to Americans and, possibly, the American financial system.
Crypto never threatened the dollar. What is creating issues is crypto’s risks causing losses to Americans and, possibly, the American financial system.
Quantitative easing directly lead to inflated asset prices and inflation.
Then VCs jumped on the bandwagon and pushed FTX to unsustainable heights.
Now people all over the world are suddenly supposed to sit in cash while everything is crashing with high inflation to boot?