Scotiabank in Canada expects mortgage defaults to rise from 0.25% to 2.5% this year. That represents only about 20,000 of their customers, which doesn't sound like much, but it's a 10X increase. https://apple.news/AvQevkAs5TUu7eTIGtISXeg

One concern with any potential future Netflix documentary about the rise and fall of crypto is the inevitable sob stories from victims. Almost everyone in crypto knows it's a bunch of sketchy scams but doesn't care because they believe they are the ones doing the scamming.

It’s sometimes easy to forget these online communities are not representative of the broader population. Whenever an idea seems to become dominant I have to keep reminding myself these platforms are echo chambers.

I suspect nobody will ever declare crypto dead, most people will just stop talking about it.