cryptocurrency current events
the one thing i have learned from this FTX/crypto crash thing is that “zero trust” actually means “trust the wrong people”
🐊
cryptocurrency current events
@Lady "No it's decentralized you don't understand it's not like banks at all"
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cryptocurrency current events
@coriander yes if it was banks they wouldn't through all their stakes in with a transparently sketchy guy with transparently sketchy business practices??
cryptocurrency current events
@coriander yes that did happen yes
cryptocurrency current events
@Lady I mean, yeah, obviously, but from what I understand the users basically caused a Great Depression style bank collapse by trying to pull their money they bank didn't have out all at once