FTX perfectly summed up

FTX perfectly summed up


10 thoughts on “FTX perfectly summed up”

  1. Then replace McDonalds with The Bank of Canada and take out the part about people figuring shit out and you have the economic story of the last 6 years in Canada.

  2. I like how everyone became an expert after CZ went into action with his original plan, and no one had a glimps of idea when he first stated that he’s gonna liquidate $500M worth of FTT

  3. That’s actually a great way to sum it up.

    The problem starts when you create your own token and use it as collateral to get into debt…

  4. The irony is, these are one of the most centralized activities happening in a market that was built on being decentralized

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