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by janoc 1952 days ago
Yes, we all remember well what happened e.g. with Mt Gox.

Not sure what your point here is - as if panic and runs on the banks were somehow magically prevented by crypto.

1 comments

And the hilarious part is, we actually have regulations like capital requirements and FDIC insurance and central bank lenders-of-last-resort to prevent bank runs? Whereas crypto has... none of that? And unaudited Tether pumping >$1B into the crypto ecosystem every week