Thread: Cryptocurrency
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Old 12-02-2022, 07:32 AM
Captainpd Captainpd is offline
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Default Hmmm

Quote:
Originally Posted by jljl62040 View Post
FTXs demise had no affect on the price of Bitcoin or other crypto currencies. Those who held crypto in their "wallets" did not lose money because of the FTX scandal. Those who invested currency or crypto with FTX lost money.
Holding something in your "wallet" that is backed by nothing, is still worth nothing. If bitcoin failed today and went bankrupt, there aren't any assets to siez