> “Whenever there’s a failure or a catastrophe in crypto, the fear is always that someone will misread the situation and overcorrect in a position that’s not helpful for the entire community writ large,”
This statement is all kinds of amazing:
* Casual use of the phrase "whenever there's a catastrophe in crypto", since there really is one every few days
* "Misread the situation and overcorrect" --> read: taking their money out of the casino and turning it back into filthy fiat
* "Not helpful for the entire community" --> read: taking money out of shitcoin X damages the valuations of all other shitcoins, so the owner of one random blockchain would very much prefer that you didn't do that
This statement is all kinds of amazing:
* Casual use of the phrase "whenever there's a catastrophe in crypto", since there really is one every few days
* "Misread the situation and overcorrect" --> read: taking their money out of the casino and turning it back into filthy fiat
* "Not helpful for the entire community" --> read: taking money out of shitcoin X damages the valuations of all other shitcoins, so the owner of one random blockchain would very much prefer that you didn't do that