BTC logo
BTC
$107,941.14
2.93%
ETH logo
ETH
$3,865.96
2.83%
USDT logo
USDT
$1.0006
0.01%
BNB logo
BNB
$1,136.06
2.28%
XRP logo
XRP
$2.3115
3.57%
SOL logo
SOL
$184.63
4.78%
USDC logo
USDC
$1.0000
0.00%
TRX logo
TRX
$0.3159
0.20%
DOGE logo
DOGE
$0.1861
5.29%
ADA logo
ADA
$0.6402
4.14%
HYPE logo
HYPE
$36.97
4.13%
USDE logo
USDE
$0.9997
0.03%
LINK logo
LINK
$17.29
3.80%
BCH logo
BCH
$505.49
3.39%
XLM logo
XLM
$0.3096
4.42%
SUI logo
SUI
$2.5312
5.89%
LEO logo
LEO
$9.5978
0.19%
AVAX logo
AVAX
$20.64
5.88%
WBT logo
WBT
$41.00
2.40%
HBAR logo
HBAR
$0.1700
5.31%
BTC logo
BTC
$107,941.14
2.93%
ETH logo
ETH
$3,865.96
2.83%
USDT logo
USDT
$1.0006
0.01%
BNB logo
BNB
$1,136.06
2.28%
XRP logo
XRP
$2.3115
3.57%
SOL logo
SOL
$184.63
4.78%
USDC logo
USDC
$1.0000
0.00%
TRX logo
TRX
$0.3159
0.20%
DOGE logo
DOGE
$0.1861
5.29%
ADA logo
ADA
$0.6402
4.14%
HYPE logo
HYPE
$36.97
4.13%
USDE logo
USDE
$0.9997
0.03%
LINK logo
LINK
$17.29
3.80%
BCH logo
BCH
$505.49
3.39%
XLM logo
XLM
$0.3096
4.42%
SUI logo
SUI
$2.5312
5.89%
LEO logo
LEO
$9.5978
0.19%
AVAX logo
AVAX
$20.64
5.88%
WBT logo
WBT
$41.00
2.40%
HBAR logo
HBAR
$0.1700
5.31%
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Why Bitcoin and Rehypothecation Don’t Mix

A reading of Jeffrey Snider’s latest essay and Caitlin Long’s companion tweet thread.

By Nathaniel Whittemore
Updated Sep 14, 2021, 10:45 a.m. Published Dec 20, 2020, 2:00 p.m.
Breakdown 12.20 - Jeffrey Snider and Caitlin Long