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You could say the same thing about the US dollar.

I am pretty sure it is only a matter of time before this video is taken down at some point...

Ok, this is a bit cringy to watch... Seems to be quite some 'dodging' of direct questions like the co-mingling of funds.

Do I have to post the words again from the CEO's mouth? :sneaky:

I agree 100%. And while on that note, just look at all these FAILED car models! Once again, proving that after all this time, there is no real-world value-add for automotive industries.

Small price to pay since SBF had been wanting to buy-out the CME just prior to the collapse. As has been stated before... this would have caused 'biblical devastation'.

It's ok folks. FTX 2.0 is almost up and ready now. The head-office won't be in the sketchy Bahamas location anymore. They're moving it to the Cayman Islands.

So what you're saying is similar to- "You don't have to know how debts or profits work, or anything else to do with financial statements to be able to invest in a stock."

I've been waiting for a large drop event like this for quite some time. Am I the only one who likes SBF over this? :)

So what you are saying by your logic is... Don't buy the Mona Lisa or other artwork, because it takes a bigger fool than you to buy it from you at a higher price. Don't buy growth stocks, it takes bigger fools to raise the price. Don't etc, etc, etc.

This really scares me. How can someone not even know the infant-baby steps in crypto, yet be giving advice here on Elite Trader's crypto forum?

Another hated fraudster gives his opinion on SBF...

“FTSE Russell has taken a measured approach to this frontier investment space and has built a rigorous and transparent framework, underpinned by robust governance and comprehensive data to meet investor needs, both where they are now and as they prepare for change in this market.”...

SBF/FTX did what Tether is believed to be doing now. Major catalyst on the downside just waiting for the run-on-Tether. It'll be the most painful liquidations for many once it starts.

Contagion is still there. Even the Winklevoss Twins can't sleep well at nights. If Grayscale is forced to liquidate, we may very well see another leg or two down :sneaky:

Says the person who hasn't ever staked. lol I just told you, the brokers are always clear on this. The fine ink has never changed. No broker that I am aware of has ever given a specific date when your ETH is to be unlocked. If you had ever taken the first baby-steps and staked, then you'd know...

You have the rare option to collect dividends from a blue-chip crypto investment BEFORE the unlocking mechanism is completed. You DO NOT HAVE TO TAKE THE OPTION! You CAN IF YOU WANT TO TAKE THE OPTION! How does this magically make "-this entire space is so mind numbing stupid." It seems there...