4 ms·

Ask HN: Where Is the Discussion on FTX?

edit: I must have missed some threads, see the comment below. --------------------------------- This is --possibly the biggest financial crisis in the history of everything-- (edit: gross overstatement). But I don't see a thread on the front page until #24. Lots of new information is coming out every day, why aren't these articles reaching thousands of comments?

incomingpain 4y ago
Many threads with lots of discussion. https://news.ycombinator.com/item?id=33641298 https://news.ycombinator.com/item?id=33641298 https://news.ycombinator.com/item?id=33639397 https://news.ycombinator.com/item?id=33639397 https://news.ycombinator.com/item?id=33639103 https://news.ycombinator.com/item?id=33639103 https://news.ycombinator.com/item?id=33630150 https://news.ycombinator.com/item?id=33630150 >why isn't this reaching thousands of comments? Every few years a pyramid scheme or investment scam hits the billion mark. Bernie Madoff, Jordan Belfort, etc. Shrug in my books.
- texaslonghorn5 4y ago
  thanks, guess I missed a few of those threads.
whatwherewhy 4y ago
> This is possibly the biggest financial crisis in the history of everything. Isn't that a huge hyperbole? I really don't see how it could even remotely resemble anything at all what it was like in 2008. It's no more than a footnote in practically every single country other than the US (and there probably too).
- texaslonghorn5 4y ago
  yeah it was unnecessary hyperbole, I didn't do a great job expressing my point. thanks for the feedback.
strangattractor 4y ago
The conversation is happening in the privacy of the homes they bought with company funds. "biggest financial crisis in the history of everything" is a little over the top don't think. https://www.thestreet.com/investing/cryptocurrency/ftx-employees-used-company-funds-to-buy-homes-in-the-bahamas https://www.thestreet.com/investing/cryptocurrency/ftx-emplo... You should do a little more research on financial crises. https://en.wikipedia.org/wiki/Savings_and_loan_crisis https://en.wikipedia.org/wiki/Savings_and_loan_crisis https://en.wikipedia.org/wiki/Great_Recession https://en.wikipedia.org/wiki/Great_Recession https://www.investopedia.com/terms/l/longtermcapital.asp https://www.investopedia.com/terms/l/longtermcapital.asp The list goes on and on and ..........

incomingpain 4y ago

Many threads with lots of discussion. https://news.ycombinator.com/item?id=33641298 https://news.ycombinator.com/item?id=33641298 https://news.ycombinator.com/item?id=33639397 https://news.ycombinator.com/item?id=33639397 https://news.ycombinator.com/item?id=33639103 https://news.ycombinator.com/item?id=33639103 https://news.ycombinator.com/item?id=33630150 https://news.ycombinator.com/item?id=33630150 >why isn't this reaching thousands of comments? Every few years a pyramid scheme or investment scam hits the billion mark. Bernie Madoff, Jordan Belfort, etc. Shrug in my books.

texaslonghorn5 4y ago
thanks, guess I missed a few of those threads.

whatwherewhy 4y ago

> This is possibly the biggest financial crisis in the history of everything. Isn't that a huge hyperbole? I really don't see how it could even remotely resemble anything at all what it was like in 2008. It's no more than a footnote in practically every single country other than the US (and there probably too).

texaslonghorn5 4y ago
yeah it was unnecessary hyperbole, I didn't do a great job expressing my point. thanks for the feedback.

strangattractor 4y ago

The conversation is happening in the privacy of the homes they bought with company funds. "biggest financial crisis in the history of everything" is a little over the top don't think. https://www.thestreet.com/investing/cryptocurrency/ftx-employees-used-company-funds-to-buy-homes-in-the-bahamas https://www.thestreet.com/investing/cryptocurrency/ftx-emplo... You should do a little more research on financial crises. https://en.wikipedia.org/wiki/Savings_and_loan_crisis https://en.wikipedia.org/wiki/Savings_and_loan_crisis https://en.wikipedia.org/wiki/Great_Recession https://en.wikipedia.org/wiki/Great_Recession https://www.investopedia.com/terms/l/longtermcapital.asp https://www.investopedia.com/terms/l/longtermcapital.asp The list goes on and on and ..........