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> Most of that wealth was manufactured in the crypto bubble, not actual money people worked for and put into crypto Its real money. https://twitter.com/Travis
by MangoCoffee 4y ago
> Most of that wealth was manufactured in the crypto bubble, not actual money people worked for and put into crypto
Its real money.
https://twitter.com/Travis_Kling/status/1592198107734876160?s=20&t=yzmr1iDeHAQmNNLYukCimA https://twitter.com/Travis_Kling/status/1592198107734876160?...
https://www.coindesk.com/business/2022/11/14/ikigai-asset-management-had-large-majority-of-assets-on-ftx/ https://www.coindesk.com/business/2022/11/14/ikigai-asset-ma...
- manholio 4y agoSo the assets of a "crypto hedge fund" that somehow kept "a large majority" of the fund's total assets on a 3rd party centralized exchanged is "real money" now? That's the very definition of fake wealth, hot money seeking 50% returns in the hot risky mess that is the crypto market. The recursively leveraged self-licking icecream is melting down.