prc30 on Nostr: So Arthur Hayes has entered the chat. Damn long piece and if anyone out there knows ...

So Arthur Hayes has entered the chat. Damn long piece and if anyone out there knows the man, have him reach out to me when he has time.

While his analysis of how #China reached this point of pain is very accurate, his expectations of what will occur next is somewhat wide of the mark.

Having said that, he isn’t wrong that the P2P market in China is alive and well. Can attest to this from my own experience.