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> FTX just imploded because they didn't realize this simple fact. They fully knew this. There is no business in keeping USD in USD (or US bonds for that matter
by AccountAccount1 4y ago
> FTX just imploded because they didn't realize this simple fact.
They fully knew this. There is no business in keeping USD in USD (or US bonds for that matter.)
- Bubble_Pop_22 4y agoTrading fees when your volume is billions? Nothing? Also what about IPO so that you can exit and enjoy 500M-1B of real net worth? 1 real billion > 20 make believe