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A comment on FTX Tapped into Customer Accounts to Fund Risky Bets, Setting Up Its Downfall. Parent comment

Re:FTX Tapped into Customer Accounts to Fund Risky Bets, Set... by kwertyoowiyop on Thursday November 10, 2022 @03:54PM (#33553202)
It’s almost as if our existing financial system, built upon the lessons from hundreds of years, is worthwhile! :-)
[ Parent | on HN ]
Re:FTX Tapped into Customer Accounts to Fund Risky Bets, Set... by Animatronio on Thursday November 10, 2022 @04:11PM (#33553427)
That's what makes it so boring, whereas DeFi is so exciting it gives you a heart attack seemingly every other day.
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Re:FTX Tapped into Customer Accounts to Fund Risky Bets, Set... by legutierr on Thursday November 10, 2022 @05:41PM (#33554640)
What does DeFi have to do with any of what is happening with FTX?
[ Parent | on HN ]
Re:FTX Tapped into Customer Accounts to Fund Risky Bets, Set... by Veliladon on Thursday November 10, 2022 @04:03PM (#33553326)
It's been funny to watch crypto basically speedrun the entire monetary system from Rai stones all the way to calls for central banking.
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Re:FTX Tapped into Customer Accounts to Fund Risky Bets, Set... by imtringued on Friday November 11, 2022 @09:52AM (#33561492)
That doesn't stop people from thinking the Fed is the spawn of Satan.
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Re:FTX Tapped into Customer Accounts to Fund Risky Bets, Set... by kwertyoowiyop on Friday November 11, 2022 @12:29PM (#33563765)
What was that recent quote about cats thinking they are independent, but in fact are completely dependent on a system that they don't understand at all?
[ Parent | on HN ]