Thursday, November 17, 2022

How FTX Went Bankrupt | What Went Wrong | WSJ


Hi, me again to brighten your day.
'Transparency', a term thrown around these days like 'Good morning' and 'Thank you'. It's meaningless if you don't back it up. Watching the 'space' of Decentralized and Transparency is a pipe dream, the rich and powerful will always have their way, and rule the less educated, or daring. Some bad folk get caught, most don't. Whatever you do, keep you day job - if you can - and keep clear of what is not in your control, like happiness, more or less. Btw, i do believe in crypto and blockchain, and web3, and it will eventually be our reality, but shite like this prolong its potential.

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