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"

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 

@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

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cryptocurrency current events 

@coriander yes that did happen yes

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📟🐱 GlitchCat

A small, community‐oriented Mastodon‐compatible Fediverse (GlitchSoc) instance managed as a joint venture between the cat and KIBI families.