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> In short, the collapse of FTX had little to do with cryptocurrencies How far does the price of BTC have to drop before we dispense with this charade?
by chitowneats 4y ago
> In short, the collapse of FTX had little to do with cryptocurrencies
How far does the price of BTC have to drop before we dispense with this charade?
- kebman 4y agoIn the end it would seem that SBF and his gang wasn't so interested in crypto as he was in fiat currency and real estate. As for the ramifications for the crypto scene, the trust of cryptocurrencies has gone right into the cellar now, if not in Bitcoin itself, then certainly in the centralized actors now purporting to offer it to retail customers. In turn, that would of course also warrant a rebate. Not least because it puts pressure on other bad actors on the scene.