Business
Unless you've been living under a rock or trapped on an island, you probably know that the Crypto space is CRASHING hard over the past few months. A lot of crypto exchanges/lenders have filed for bankruptcy.
The shares of Coinbase, one of the largest exchanges in the world is down more than 70%. Bitcoin has fallen quite substantially.Winter has come in the world of Cryptos.
In this episode, we try to answer what happened that triggered this winter & how long this self-induced winter is going to last.
- (00:00): Summary of events in the historical crash in the Cryptosphere
- (04:19): Events that triggered the so called ‘Crypto Winter’
- (10:17): Destruction of the LUNA/TERRA ecosystem : the fall of the first domino
- (24:33): Why you should not trust anyone who pays you Fixed Annualized Interest of 20%
- (25:54): The RED FLAGS you should look for
- (31:36): How long will this Winter last?
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