> He describes the current crypto crisis as a repeat of the 2008 financial crisi... | Hacker News

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lamontcg on July 5, 2022 | parent | context | favorite | on: Peter Thiel-Backed Crypto Lender Vauld Suspends Wi...

> He describes the current crypto crisis as a repeat of the 2008 financial crisis.

That's optimistic.

SV_BubbleTime on July 5, 2022 [–]

Agreed. No one is coming to the rescue. No one backed by guns really cares a ton.

The idea is solid, but a wiping of the slate will allow for a new generation. One that will better benefit established powers.

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