Just the idea of crudely drawn, overpriced pictures of apes needing to be repossessed because of missed loan payments makes me lose it.
It’s so absurd that it reads like a parody.
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Anybody who thinks this is funny isn’t considering the banker underwriting a loan using an NFT as collateral; it’s actually hilarious
Idk man. I’ve seen who really pays for it when banks screw up.
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They should hold a fundraiser…maybe mint some NFTs and sell them…
Is this a real thing?
Taking out loans via defi scripts and getting automatically liquidated is definitely a thing yes. Sometimes, they even get liquidated by bugs in said scripts. Remember though, it’s all crypto funny money involved usually with people who got in before it got manipulated to hell.
My boy…look what they did to my boy!
