I wrote a piece from a convo I had with Genesis' Josh Lim about the explosive growth of the crypto credit and lending, how demand for crypto is actually 2x the size of the total market, the coming *possible* wave of securitization, and much more.
Genesis quarterly report shows 'relentless' demand for dollars in crypto credit market (via @fintechfrank) theblockcrypto.com/post/1037โ€ฆ
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this chart is fucking nuts

9:55 PM ยท May 4, 2021

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Replying to @fintechfrank
how hedged are they? what happens if crypto drops by 50%? margin calls?
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most of these loans are over collateralized. so they have the $$
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What kind of loans
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205 x in no time at all. Damn.
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Don't know wtf it represents, but I'm in...#HODL
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It represents major unrest coming in very near future. And also the biggest opportunity to ' buy the dips' . Remember watching the movie 'The big short'
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DOGECOIN IS FUTURE ! that's the truth !
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HERE IS A NUT NOW BE HAPPY AND DON'T WORRY ๐Ÿ˜†๐Ÿ˜†
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GIF