Re:Crypto dominoes fall in the wake of FTX's collapse
by three_seagrass on Friday November 18, 2022 @01:06PM
(#33658964)
>But you now also have a liability of $200,000. Your total asset is still $200,000 , not $400,000.
Assets are not liabilities, so you'll need to explain why you think it is a liability.
Fashion brands and their physical goods are definitely not the same as NFTs, insomuch as they at least have intrinsic value. NFTs only intrinsic value is they good for ripping off greater fools.
Assets are not liabilities, so you'll need to explain why you think it is a liability.
Fashion brands and their physical goods are definitely not the same as NFTs, insomuch as they at least have intrinsic value. NFTs only intrinsic value is they good for ripping off greater fools.