4 ms·

Probably not, as Enron was a real company and its collapse led to massive job losses. Crypto is just speculators losing money. More like Tulipomania, maybe Mado

by _hypx 4y ago

Probably not, as Enron was a real company and its collapse led to massive job losses. Crypto is just speculators losing money. More like Tulipomania, maybe Madoff if it can be proven that it was intentional.

smabie 4y ago
I mean crypto has thousands of employees too? Also enron was also just speculators losing money
- _hypx 4y ago
  According to the wiki page, FTX only has 300 employees.
  - smabie 4y ago
    Yeah and most people who work in crypto do not work at FTX
    - _hypx 4y ago
      How many people honestly have a job in crypto? And if you're going to group the whole industry, you might as well group the entirety of the utility industry as a comparison. Either way, it is tiny in comparison.
fourstar 4y ago
Cue the luddites in 3… 2… ah there you are!
- recursive 4y ago
  You can't cue something that precedes the cue.
bogwog 4y ago
AFAIK, this wasn't a situation were people gambled and lost, it was just straight up fraud. FTX misled customers (not investors) into thinking their deposits were safe, when in fact they were being used for gambling (because of course they were).
deleted 4y ago
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