Post AxIO9YpehIdswHpAhs by dpp@mastodon.social
 (DIR) More posts by dpp@mastodon.social
 (DIR) Post #AxIO9YpehIdswHpAhs by dpp@mastodon.social
       2025-08-17T20:07:16Z
       
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       @petrillic also, I’m betting a lot of money going into crypto is funded by margin on the Magnificent 7… so the unwinding will be two separate markets: the traditional stock market and the crypto market.Thoughts @interfluidity ?
       
 (DIR) Post #AxIO9a73w4A0uYyaTg by interfluidity@zirk.us
       2025-08-18T13:32:07Z
       
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       @dpp @petrillic at this point, i’ll say i’ve no idea. by traditional metrics, yes, it’s a bubble, but it has been for a long time.crypto has proven, though, that assets can fly strictly on game theory for a long time, and crypto doesn’t (well, ‘til recently hasn’t) enjoyed the tacit but assertive backing of the economic policy apparatus.i’d agree most likely collapse scenarios would see both crypto and equities plummeting, but there are also flight-from-USD scenarios that might favor crypto.