Anything that prints its own money can be "like a central bank". If FTX had all its assets AND liabilities denominated in FTT they'd be like a strong one. But t

Anything that prints its own money can be "like a central bank". If FTX had all its assets AND liabilities denominated in FTT they'd be like a strong one. But their assets are in their token and their liabilities are in real money so they're weak one. We've just seen the exchange rate of the FT-peso/USD go to nothing.