I liked the following: ↷

If your eyes glaze over every time someone tries to explain the Luna/Terra stablecoin collapse, here's a very concise summary.
https://foreignpolicy.com/2022/05/12/cryptocurrency-crash-2008-financial-crisis/

From "The Cryptocurrency Crash Is Replaying 2008 as Absurdly as Possible" by @davidgerard

h/t @yvessmith
byCory Doctorow • posted archived copycurrent