I do wonder how this crypto implosion will impact inflation and the average consumer. Crypto continues to have a ginormous market cap of > 800B. But it's unclear how much of this is due to shady schemes and wash trading propping up the price. If crypto went down by 95%, what would happen to the economy? Would the ripple effects trigger another financial crisis? These are questions that it would be nice to not have to find out the answer to, but they may be answered soon anyway.
