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If a person wants an industry to succeed, they will want companies in the industry to behave honestly. And if a company behaves dishonestly, they will want the
by throwup 4y ago
If a person wants an industry to succeed, they will want companies in the industry to behave honestly. And if a company behaves dishonestly, they will want the dishonest company to leave that industry. Why is that so hard to believe?
- ceejayoz 4y agoBecause shills exist, who claim something is good when they know it's bad. Typically due to a vested interest, like wanting the industry to succeed. "This is good for Bitcoin" is a meme precisely because these people exist, publicly trying to spin any negative into a positive. Pretending collapses like FTX don't impact the cryptocurrency space in negative ways is dishonest.
- throwup 4y agoCompanies like FTX collapsing do negatively affect the space. But what's even worse is companies like FTX that are irresponsible and haven't collapsed yet. What's a guy to do? I warned people last year not to use FTX. Now FTX is gone. Please tell me what feelings I'm allowed to feel now that they're finally gone.
- ceejayoz 4y agoFeel however you like. I will continue to feel that most "this bad news is actually good for crypto" claims involve quite a bit of at least motivated thinking and pure shillery at worst.