When the electricity goes out it works as well as water treatment facilities and huge swaths of infrastructure work. FUBAR. Like credit card processing, law enforcement dispatch. Good Times! Invigorating!
I think some of those rats have figured out it is in fact rat poison. And are dumping it and running far away
I'm still puzzled how HOOD hasn't been killed off yet. As bad a rat as it is... sick and useless.... doesn't seem to be a Cat around that can finally kill it off yet. It deserves to die.
Sources since yesterday indicate the only rats leaving the ship were paper-hand retailers. https://cryptosrus.com/this-is-what...what-bitcoin-whales-are-doing-during-this-dip
Some of the retailers becomes very powerful/influential. There was this guy, a year or two ago (on forum), who had suspicion that yahoo finance is spying on his positions or smthn, because the moment he makes a move, the market turns against him.
Ok, not to point out the big elephant in the room, but Terra had to dump all its BTC holdings from the coffers yesterday (that was a lot). So in all fairness... paper-hand retailers weren't the only ones.