4 ms·
If Mt.Gox didn't kill crypto & BTC back in the early days, it's super unlikely FTX is going to kill crypto. What is also unlikely to change is HN general opini
by practice9 4y ago
If Mt.Gox didn't kill crypto & BTC back in the early days, it's super unlikely FTX is going to kill crypto.
What is also unlikely to change is HN general opinion on crypto :)
- stephen_g 4y agoThere were far fewer everyday people around the ecosystem when Mt. Gox imploded. The number of ‘normies’ that have told me stories of themselves or people they know losing money in crypto has spiked this year, and each big crash there is, the more people who will be burned. So I think it’s certainly possible that the booms will get much smaller as more people check out each bust and as the next big crypto scams blow up.