"Why Every Financial Crisis Was Predicable"

Every financial crisis—whether it was Lehman Brothers in 2008, Long-Term Capital Management in 1998, or FTX in 2022—was predictable. So why did traditional risk models fail to see them coming?

In this episode of The Whitepaper, Nicolin Decker exposes the fundamental flaws in financial risk modeling and how emerging technology can prevent future collapses. From VaR’s failure to account for tail risk to Bitcoin’s growing role as a systemic asset, we break down why markets keep crashing—and how we can stop the cycle.

🔹 The Truth About Financial Risk Models – Why Value at Risk (VaR) and Black-Scholes failed spectacularly.

🔹 Bitcoin: The Next Systemic Risk? – How instituti ...