@sun @IceCubeSoup @eriner The second you can't swap hot money out of crypto, the price will crash far enough that the hodlers get wiped out. It already trades like high frequency stocks, diving on rumors, indicating it's being supported by establishment institutions chasing alpha in unconventional ways.

In other words, crypto is the 2010s version of the Latin American investment craze. Once the landscape shifts, the monetary support is yanked and the locals are left with the shattered pieces.