This crypto winter is warm compared to the next one
— Ever succeeded, Forewarned, Never realistic, Recessions, Crashes, Creditors, Increasing skepticism, Inflation, Risks inherent, Prophetic — 1 min read
How in the world did we let cryptocurrencies become a $10 trillion industry before examining the systemic risks being created? Crypto coins, derivative securities, exchanges and leverage created to support them now equal half the asset size of the entire U.S. banking industry. Writers: We really have caught a big break by having a crypto winter now before this unregulated industry grew even larger and subsumed other financial markets. They say regulators must install an organized oversight structure to this emerging market market before the bubble expands and expands further and really and really, really expands and really bursts. Writers say it's time for modern financial regulators to come to their senses and regulate and regulate cryptocurrencies and cryptocurrencies like the money they purport to be like the securities and securities like the Source