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To be clear here--I was using 'too big to fail' in the colloquial sense of 'it would be really bad if this failed'. I wasn't casting judgement on whether or not any of these would fail!

7:22 AM · Aug 23, 2019Twitter Web App

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The lack of a 'Central Bank' in crypto means that there is no organization dedicated to jumping in if something crucial to the ecosystem is about to fail. OTOH:

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SBF

@SBF_FTX

Jul 3, 2019

11) @CryptoHayes on LEO bailing out tether: it’s like bailing out large banks; “we did for our own” what central banks had done. Says it’s actually kind of beautiful; I agree!

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Don't worry Sam, he is part of DGB community.. he is forever salty