Re:Binance Acquires FTX
by secretsatan on Tuesday November 08, 2022 @03:33PM
(#33523909)
Ha! One massive feudal lord just crushed another and all the serfs lost their money. This isn’t anarchy, it’s a monopoly
[ Parent
| on HN ]
I wouldn't be so sure. The monopolist had a $100,000,000 theft last month, [1] after a $1 billion dollar loss from LUNA in the summer. [2]
[1] https://www.nytimes.com/2022/10/07/business/binance-hack.htm...
[2] https://decrypt.co/100530/binance-ceo-says-exchange-never-so...
Re:Binance Acquires FTX
by secretsatan on Tuesday November 08, 2022 @07:11PM
(#33525997)
But still, they’ve consolidated themselves in the monopoly money system, so the monopoly money they lost doesn’t matter if they control the board