RE: Silicon Valley Bank | The 16th Largest Bank in the U.S. Goes Under
You are viewing a single comment's thread:
Well let's put it this way: the purchasing power of bitcoin (in terms of food, clothes, property etc you can buy with it), is 44% of what it was before TerraLuna guy panic sold his reserves.
Purchasing power is the only true value, as sadly you can't eat bitcoin :-)
The lack of liquidity in crypto is a serious problem, as it leaves the whole eco-system vulnerable to panics.
0
0
0.000
0 comments