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Reply to "Trump 47 Economy"
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[quote=Anonymous][quote=Anonymous][twitter]https://x.com/retlaw1016/status/2037201718589464964?s=46&t=kf1qYlCXQnKgUhJWEIu2vg[/twitter][/quote] My son has a bunch of money in crypto. I don't know what coin(s) he has but I know that it has soared and crashed from time to time. How will they determine the value of the crypto in this case? Do people hedge using various crypto resources? But don't they tend to rise and fall together? Is there something like a volatility index for different kinds of assets? I know, vaguely, that pre-Trump (at least) the crypto bros want it to be a commodity to avoid SEC regulation as whatever the other kind of financial asset is. What happens when the crypto collateral crashes? Can the mortgage holder call in the loan like they can if you borrow against stocks in a brokerage account?[/quote]
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