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The problem is that there are solutions available (e.g. blockchain and the decentralize movement) but those which managed to get attention in the early days wer
by jongjong 4y ago
The problem is that there are solutions available (e.g. blockchain and the decentralize movement) but those which managed to get attention in the early days were soon corrupted by the current system to serve the current system. Then the movement proceeded to discredit itself through intentional, repeated scamming of customer funds.
I think there is a chance that SBF of FTX will not go to jail because he is working for the system.
I guess the solution now is a legal and political one. Expose the crimes and lock people up. The scale of it will be of epic proportions. Probably won't be enough room in existing jails. We'll have to seize assets and send the criminals to some new penal colony.
- PedroBatista 4y agoWhile SBF was a nice present for “the system”, him suffering the consequences it’s also part of the deal. Legally speaking, there is no chance SBF wouldn’t do time, with a big probability of doing a lot of it. The mousie looking lady will also get it but it depends how much the feds got on SBF and if they need her or not.