I met someone who claimed they lost money in FTX when I was taking four figures in winnings from boomers at the poker room yesterday. (Could have been just tab

I met someone who claimed they lost money in FTX when I was taking four figures in winnings from boomers at the poker room yesterday. (Could have been just table talk -- you can't trust anything you here in that context, just like you should take psudoanonymous internet comments from some guy named "Greg" with a grain of salt.) I didn't have a ton of sympathy for him or her, since this is the flip side of engaging in a market where the major players shun regulation - gamble in an illegal (or illegality ridden) market and the host might pull an exit scam and you might be left counting your blessings you're alive afterwards to complain, but I sympathize with those who simply want to use BTC as a fee free value transfer mechanism to kill abusive entities like Paypal. Conversely, I don't think it's something that should be used for day to day purchases -- cash is king folks. Offline, hard to counterfeit, and if we need to start moving it around physically more because the internet and/or market crashes, we can go back to having larger denominations just like back in the 1920s[1]. - Greg. [1] https://en.wikipedia.org/wiki/Large_denominations_of_United_States_currency#Table_of_banknotes https://en.wikipedia.org/wiki/Large_denominations_of_United_...