131–140 of 1001 posts
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130 companies? What did they for a living? Collect companies each time a new month began?
Gaze on the beauty of this chart and despair: https://i.redd.it/078p4g7m6cz91.jpg
Is this the same FTX US that is the #3 donor to political parties? 2/3 (D) 1/3 (R) https://www.opensecrets.org/elections-overview/top-organizat...
you cannot make up this shit https://www.reddit.com/r/wallstreetbets/comments/ys4lmo/she_... gold
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Nexo has zero exposure to FTX according to their CEO.
That's what BlockFi said yesterday, and here's what they're saying today: https://blockworks.co/news/blockfi-stops-withdrawals-hinting...
you cannot make up this shit https://www.reddit.com/r/wallstreetbets/comments/ys4lmo/she_... gold
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130 companies? What did they for a living? Collect companies each time a new month began?
Gaze on the beauty of this chart and despair: https://i.redd.it/078p4g7m6cz91.jpg
Seeing how stupid/greedy SBF was, it makes me wonder if people like him are smart enough to truly understand the need for such structure without having experts in place.
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It's funny. Banks are widely perceived as corrupt; and lo and behold, the alternative systems to replace banking have been dragged by their heels through Banking 101. Edit: Also funny, was the unrelated Matt Damon TV ads about how "Fortune Favors the Brave." Obviously it comes from Caesar, but it was also used in Charles Dickens's Little Dorrit by a character encouraging what later turned out a Ponzi scheme...
FTX being corrupt doesn't automatically mean banks are not corrupt. Just 14 years ago, the actions of banks brought most of the world to the precipice of financial collapse. FTX and Alameda depositors will lose their money. During the GFC, almost everyone lost their money.
That's not what OP said. OP highlighted the fact that a lot of the crypto space lambasts the traditional banking system as being wholly corrupt, despite a lot of the crypto space itself being equally corrupted in the same ways.
Edit: "People who live in glass houses shouldn't throw stones", basically.
What of the rumour that Bahamians are allowed to access their funds for legal reasons while everyone else can not? Most of the FTX employees including SBF are based in Bahama? Isn't this just insiders cashing out before creditors/users? https://twitter.com/JasonYanowitz/status/1590800210200256513 https://twitter.com/StackerSatoshi/status/159097223797656780... https://twitter.com/statelayer/status/1590939767205920769…
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Gaze on the beauty of this chart and despair: https://i.redd.it/078p4g7m6cz91.jpg
Finally a worthy opponent to the IKEA corporate structure: https://en.wikipedia.org/wiki/IKEA#Corporate_structure