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But we saved everything 🙂.
Vinny Lingham expresses concern over a possible breakdown in the crypto market similar to past crises. He mentions sensing something amiss on October 10, reminiscent of the events leading to the Luna and FTX collapses in 2022.
Lingham’s apprehension about potential systemic vulnerabilities in the digital asset landscape arrives amid broader debates over the stability of traditional reserves. His warnings evoke recent analyses of shifting global preferences, particularly as gold has surpassed U.S. Treasuries as the leading reserve asset—a trend explored in depth in the discussion of how persistent deficits and monetary expansion have altered the international appeal of government debt.