Simon Blackley đź“·Jan 8, 2023
Kevin Marks
I think most of us will escape this as we didn't buy into this bubble of bullshit, but you do you Wired. https://www.wired.co.uk/article/crypto-ftx-collapse-genesis-gemini
No One Will Escape the FTX Fallout

Try as they might, crypto companies pressured by the trading platform’s collapse are failing to bail themselves out.

WIRED UK
Jan 8, 2023 at 1:23amWeb
Show threadWayne DixonJan 8, 2023
@KevinMarks I feel bad, to some extent, for the normal people who got caught in this.
Show threadPratik PatelJan 8, 2023
@KevinMarks Even if the arguments for "everyone losing" were to be predicated on the idea that blockchain applications will suffer in the long run, its entirely silly since distributed lejures could be established in so many different ways other than the energy-consuming ways defined by blockchain. I haven't seen a single blockchain idea that couldn't have been accomplished by other technical methods which are more efficient.