Jonathan on Nostr: 350,000 accounts force liquidated, and 1.2 million margin calls in south korea's ...
350,000 accounts force liquidated, and 1.2 million margin calls in south korea's stock market on july 19th.
Everyone I know views the stock market and their 401k's like an 1800's bank and not a casino.
Many of these people were just trying to store their time and energy, and trusted a financial advisor who might not have even understood they were levered.
The cold card hack is devastating, but it wont even come close to the disaster that the fiat system has and will inflict on the world
Sell bitcoin because it's risky? Are you fucking crazy? In bitcoin many of the risks are known and you can take a number of steps to mitigate them. There is no recourse in fiat, they will bleed you dry.
#nevergoingback
https://m.youtube.com/watch?
Published at
2026-08-04 17:15:37 UTCEvent JSON
{
"id": "bbf8ccadd0c1c631f4c1a20b43e8393707af480bba479fb93caaf1f5f4226e8d",
"pubkey": "75512671faaf913da26d39d943b47213b53e382f2a571b1606a358abc41b8b1e",
"created_at": 1785863737,
"kind": 1,
"tags": [
[
"t",
"nevergoingback"
]
],
"content": "350,000 accounts force liquidated, and 1.2 million margin calls in south korea's stock market on july 19th. \n\nEveryone I know views the stock market and their 401k's like an 1800's bank and not a casino. \n\nMany of these people were just trying to store their time and energy, and trusted a financial advisor who might not have even understood they were levered. \n\nThe cold card hack is devastating, but it wont even come close to the disaster that the fiat system has and will inflict on the world \n\nSell bitcoin because it's risky? Are you fucking crazy? In bitcoin many of the risks are known and you can take a number of steps to mitigate them. There is no recourse in fiat, they will bleed you dry. \n\n#nevergoingback \n\nhttps://m.youtube.com/watch?\n\n",
"sig": "e8b1e0cdd77dd52d770200e59467e2c29a0d04ea856b873ad531aab996371cc3314670c336777aa782a1dd955366eca2acf7e3912fc5c4f4843dcd462a69f20d"
}
