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A comment on We will not pursue the potential acquisition of FTX. Parent comment

Re:We will not pursue the potential acquisition of FTX by bamazizi on Wednesday November 09, 2022 @05:06PM (#33538642)
^this ... The whole space seems like a mirage
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Re:We will not pursue the potential acquisition of FTX by lizknope on Wednesday November 09, 2022 @05:22PM (#33538874)
It seems like it because it is.

No regulations, no protections, only idiots "invest" in this garbage.

It's just one scam after another

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Re:We will not pursue the potential acquisition of FTX by lancesells on Wednesday November 09, 2022 @06:07PM (#33539478)
The only way to make a buck is for someone else to lose a buck. There's nothing else in the exchange here so it's just perverse.

But I wouldn't call people idiots that invest but uninformed and/or desperate and/or uncaring. If someone has an extra $1000 in the bank they think what's the worst that can happen? It's a mistake but you can see how these exchanges are worth billions all of a sudden and the dollars being pulled in to make these billionaires have to come from someone else.

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