{"id":23086,"date":"2022-06-14T23:57:49","date_gmt":"2022-06-14T23:57:49","guid":{"rendered":"https:\/\/davidgerard.co.uk\/blockchain\/?p=23086"},"modified":"2022-06-15T00:08:04","modified_gmt":"2022-06-15T00:08:04","slug":"the-latecomers-guide-to-crypto-crashing-a-quick-map-of-where-we-are-and-whats-ahead","status":"publish","type":"post","link":"https:\/\/davidgerard.co.uk\/blockchain\/2022\/06\/14\/the-latecomers-guide-to-crypto-crashing-a-quick-map-of-where-we-are-and-whats-ahead\/","title":{"rendered":"The Latecomer\u2019s Guide to Crypto Crashing \u2014 a quick map of where we are and what\u2019s ahead"},"content":{"rendered":"

The entire crypto space has been a Jenga stack of interconnected time bombs for months now, getting ever more interdependent as the companies find new ways to prop each other up.<\/p>\n

Which company blew out first was more a question of minor detail than the fact that a blow-out was obviously going to happen. The other blocks in the Jenga stack will have a hard time not following suit.<\/p>\n

Here\u2019s a quick handy guide to the crypto crash \u2014 the systemic risks in play as of June 2022. When Bitcoin slips below $20,000, we\u2019ll officially call that the end of the 2021 bubble.<\/p>\n

Amy Castor and I both had other important things to get written \u2014 so, of course, we dashed this off instead. It’s over on Amy’s blog. [Amy Castor<\/em><\/a>]<\/p>\n

\"\"<\/a><\/p>\n

Image by James Meickle, with apologies to XKCD and Karl Marx.<\/i><\/p>\n

\"Become<\/a>

Your subscriptions keep this site going. Sign up today!<\/a><\/i><\/p><\/div>","protected":false},"excerpt":{"rendered":"

Your guide to the Jenga stack of interconnected crypto time bombs.<\/p>\n","protected":false},"author":1,"featured_media":23087,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[460],"class_list":["post-23086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorised","tag-amy-castor"],"jetpack_featured_media_url":"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2022\/06\/crypto-market-stability.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/23086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/comments?post=23086"}],"version-history":[{"count":4,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/23086\/revisions"}],"predecessor-version":[{"id":23092,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/23086\/revisions\/23092"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media\/23087"}],"wp:attachment":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media?parent=23086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/categories?post=23086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/tags?post=23086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}