How? In what assets? Even in Treasuries, tens of billions of unexpected sales in an off run will depress prices. If deposited in a podunk bank, it might literally go under.
That hypothetical is reality. And sometime today, tomorrow or 10 years from now it’s gonna finally collapse. Crypto was and always will be a giant scam.
Sure, it’s a scam. But the pegs are easily observed to be holding at the moment. There is no doubt about this. One’s beliefs need not detract from basic reading comprehension.
How? In what assets? Even in Treasuries, tens of billions of unexpected sales in an off run will depress prices. If deposited in a podunk bank, it might literally go under.