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How to Erase 2 Trillion Dollars. The Crypto Winter Explained.



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14 years ago Bitcoin was created to empower regular people, but has that proven true? The Crypto Winter erased some 2 trillion dollars in value. How did that happen, and who or what is responsible? It's time to takes stock and learn how it all happened, who has been effected, and what we can do in the future to prevent it.

Bitcoin is more than an investment, it's a technological and cultural touchtone.

Sources:
coinbase: www.coinbase.com/learn/crypto-basics/understanding-crypto-taxes
The Times UK: https://www.thetimes.co.uk/money-mentor/article/is-bitcoin-crash-coming/
Washington Post: https://www.washingtonpost.com/business/2022/07/06/voyager-bankruptcy-three-arrows/
BBC: https://www.youtube.com/watch?v=B4joiYkmQr8
Investopedia: https://www.investopedia.com/news/price-cryptocurrencies-totally-dependent-china/
WSJ: https://www.wsj.com/articles/fdic-scrutinizing-voyagers-marketing-on-safety-of-customer-deposit-accounts-11657212266?mod=latest_headlines
Investopedia: https://www.investopedia.com/government-stimulus-efforts-to-fight-the-covid-19-crisis-4799723#toc-stimulus-and-relief-package-4
NYT: https://www.nytimes.com/2021/09/24/business/china-cryptocurrency-bitcoin.html
NYT: https://www.nytimes.com/interactive/2022/03/11/us/how-covid-stimulus-money-was-spent.html
Nansen: https://www.nansen.ai/research/on-chain-forensics-demystifying-terrausd-de-peg


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Category
Cryptocurrencies
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