Comparison with the last cycle's collapses
bradmillscan-2085526168766193956
- Author
- @bradmillscan
- Organisation
- independent
- Evidence role
- social statement
- Posted
- 7 Aug 2026, 00:39 UTC
- Capture status
- capture held
Brad Mills, saying he has been in bitcoin since 2011, judges this worse than the exchange, lending and NFT collapses at the bottom of the previous cycle, and quotes Alex Gladstein agreeing that it is the worst thing he has seen in the space in ten years of paying attention. Held as a dated marker of how the incident registered against earlier bitcoin disasters among long-standing participants, and because it preserves Gladstein's assessment in the quoted card. It contains no factual claim about the defect or the losses. Both judgements are their authors' own.
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Held captures
0 presentation-noise differences. Sidebar, ticker and other page chrome churn that our review classified as not being changes to what the source says.
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