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1) He's known his friend since at least 2012.
2) He (@paulg) didn't write that.
3) He is trustworthy.
4) He is convinced the "cryptocurrency economy" will shortly experience a "systemic risk."
How should we interpret these tweets from @paulg?
> A person I have known for more than ten years, who I consider trustworthy, is convinced the cryptocurrency economy will shortly experience a systemic risk. I don’t know anything concrete, but if I were exposed, I would be concerned.
https://twitter.com/paulg/status/1594446009010212865
> I didn't write that. He did. Since I don't know any details, I didn't feel I should edit it. And because I don't know any details, it's no use asking me what he means. If you've read the preceding tweet, you know as much as I do.
Not sure how to interpret these tweets: > A person I have known for more than ten years, who I consider trustworthy, is convinced the cryptocurrency economy will shortly experience a systemic risk. I don’t know anything concrete, but if I were exposed, I would be concerned. https://twitter.com/paulg/status/1594446009010212865 > I didn't write that. He did. Since I don't know any details, I didn't feel I should edit i…
After the repeated huge insolvencies of the last few months, everyone in crypto knows there's massive systemic risk, and new risk from ill thought out new regulation. Everyone has their own list of which companies they guess will be next.
It's very hard to take the tweet seriously. It's like walking around in the California hills predicting a forest fire, during a super dry summer, while orange glows from nearby hills light up the smoke that is choking the air, and ash rains down.
Not sure how to interpret these tweets: > A person I have known for more than ten years, who I consider trustworthy, is convinced the cryptocurrency economy will shortly experience a systemic risk. I don’t know anything concrete, but if I were exposed, I would be concerned. https://twitter.com/paulg/status/1594446009010212865 > I didn't write that. He did. Since I don't know any details, I didn't feel I should edit i…
Not sure how to interpret these tweets: > A person I have known for more than ten years, who I consider trustworthy, is convinced the cryptocurrency economy will shortly experience a systemic risk. I don’t know anything concrete, but if I were exposed, I would be concerned. https://twitter.com/paulg/status/1594446009010212865 > I didn't write that. He did. Since I don't know any details, I didn't feel I should edit i…
With all the recent calls for transparency and public auditing, I'd guess USDT; My guess is as worth as any though. USDT run would be a mother of all systemic risks barring one of the majors (BTC/ETH/ADA) technical stumbling or second coming of Satoshi (dormant wallets resurrection event).