Tracy Alloway (@tracyalloway) 's Twitter Profile
Tracy Alloway

@tracyalloway

Co-host of the Odd Lots podcast. I like financial crisis hindsight, spurious correlation and puppies. London ➡️ New York ➡️ Abu Dhabi ➡️ Hong Kong ➡️ New York

ID: 20169416

linkhttps://linktr.ee/tracyalloway calendar_today05-02-2009 17:57:56

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Tracy Alloway (@tracyalloway) 's Twitter Profile Photo
Tracy Alloway
@tracyalloway

3 years ago

One reason why we're seeing lots of busts in crypto is the emphasis on *collateral* in DeFi. Since you don't really know who you're lending to, you typically ask for extra protection. But the focus on collateral means bigger busts when prices go down. bis.org/publ/bisbull57…

One reason why we're seeing lots of busts in crypto is the emphasis on *collateral* in DeFi. Since you don't really know who you're lending to, you typically ask for extra protection. But the focus on collateral means bigger busts when prices go down. bis.org/publ/bisbull57…