This is why I have not yet shorted Bitcoin. (The story is counterparty risk, because if I'm right, ecosystem folds ~simultaneously.) https://twitter.com/Bitfinexed/status/925118751007301632 …
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Returning to Bitcoin: when crypto gets the bass dropped on it, every exchange is going out of business and investors will flee to exits.
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You see this happen in microscale when e.g. Mt. Gox went under. The order investors were satisfied in was... interesting.
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The limitations of Mt Gox were lack of technical expertise and not a fault of bitcoin.
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