01-15-2022, 01:30 PM
Watched ' The big short' yesterday and was shocked of what actually went down. I ful
<!-- SC_OFF --><div class="md"><p>If you've never seen the movie I definitely recommend it! This text might contain some spoilers.</p> <p>I've always heard of the movie 'the big short' but never watched it before. I was shocked at what went down and how totally ignorant people, banks, hedge funds etc were to giving loans or investing in loans without having any liquidity behind it. </p> <p>For me the most mind blowing fact is that only 1 guy went to jail, <strong>1 GUY!</strong>. Like always the average Joe ended up paying for all the shit that banks started being so greedy. </p> <p>Although cryptocurrency is far from perfect it's a very different approach being (mostly) decentralised and trying to even the playing field for both the rich and the poor. </p> <p>Have you seen the movie? What do you think of the events that happened? Curious!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/preciouscode96"> /u/preciouscode96 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s4hj2z/watched_the_big_short_yesterday_and_was_shocked/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s4hj2z/watched_the_big_short_yesterday_and_was_shocked/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>If you've never seen the movie I definitely recommend it! This text might contain some spoilers.</p> <p>I've always heard of the movie 'the big short' but never watched it before. I was shocked at what went down and how totally ignorant people, banks, hedge funds etc were to giving loans or investing in loans without having any liquidity behind it. </p> <p>For me the most mind blowing fact is that only 1 guy went to jail, <strong>1 GUY!</strong>. Like always the average Joe ended up paying for all the shit that banks started being so greedy. </p> <p>Although cryptocurrency is far from perfect it's a very different approach being (mostly) decentralised and trying to even the playing field for both the rich and the poor. </p> <p>Have you seen the movie? What do you think of the events that happened? Curious!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/preciouscode96"> /u/preciouscode96 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s4hj2z/watched_the_big_short_yesterday_and_was_shocked/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s4hj2z/watched_the_big_short_yesterday_and_was_shocked/">[comments]</a></span>Kind Regards R