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{{a|myth|}}Dumpster fire. Ongoing. | {{a|myth|}}Dumpster fire. Ongoing. | ||
The character of the FTX collapse illustrates this well. All familiar, predictable, “trad economy” incompetence. Before worrying about US regulatory overreach, first deal with basic structural banking issues: term mismatch, credit risk, leverage, fraud. This is 101 stuff. | |||
===And crypto-technocracy=== | ===And crypto-technocracy=== | ||
{{Crypto technocracy}} | {{Crypto technocracy}} | ||