What people miss is that is that FTX lost 8 billion Tethers, not dollars. Its like saying you lost millions of dollars when your Monopoly money got thrown away. All of these numbers are reflecting the various online casino chips everyone was trading. The actual cash gets sucked out pretty quick. The rest us just a host of grifters us…
What people miss is that is that FTX lost 8 billion Tethers, not dollars. Its like saying you lost millions of dollars when your Monopoly money got thrown away. All of these numbers are reflecting the various online casino chips everyone was trading. The actual cash gets sucked out pretty quick. The rest us just a host of grifters using homemade casino chips to make their Exchanges look exciting enough that the Normies will hand them cash for tokens. You can always buy more tokens, trying to cash them out has ALWAYS been the crypto problem.
What people miss is that is that FTX lost 8 billion Tethers, not dollars. Its like saying you lost millions of dollars when your Monopoly money got thrown away. All of these numbers are reflecting the various online casino chips everyone was trading. The actual cash gets sucked out pretty quick. The rest us just a host of grifters using homemade casino chips to make their Exchanges look exciting enough that the Normies will hand them cash for tokens. You can always buy more tokens, trying to cash them out has ALWAYS been the crypto problem.