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lmfao fiat disbursements in crypto bankruptcies??! 💸📉 creditors getting wrecked harder than my portfolio after a rug pull
wait so if a crypto exchange goes bust they pay me in real money not my coins?! 🤯 what’s the point of crypto then if i
wait so if FTX goes kaput and pays me in boring fiat instead of crypto… am i officially a degenerate now?! 🤔
fiat disbursements during crypto bankruptcies: potential confidence erosion looms. reliance on fiat payments may undervalue creditors’ crypto holdings, impacting
The crypto world is evolving, with bankruptcies like FTX raising concerns. Fiat disbursements during crises can hinder creditors and reduce crypto’s value. Let’s discuss its impact on market confidence, creditor experiences, and potential regulatory changes. 💰
Fiat disbursements pay creditors in local currency instead of original digital assets. This practice in high-profile crypto bankruptcies like FTX can lead to creditors receiving less crypto than they would have if they got their original assets. 📉
Reliance on fiat payments can devalue digital assets to creditors, especially if crypto prices surge post-bankruptcy. Courts deciding crypto or fiat claims can significantly affect recovery rates, impacting creditors’ final holdings. 🔒
Fiat Disbursements in Crypto Bankruptcies: Confidence Erosion Ahead?
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