FTX was in talks two months ago to raise 1Billion equity at 32Billion valuation. Binance threatens to sell its holdings of FTX tokens and it all crumbles? How isn’t this a big Ponzi scheme?
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Yes, when it comes to crypto currency, it’s all one big ponzi scheme
These aren’t meant to be used as actual currency, they’re meant to be traded and due to the nature of crypto, the early investors and and creators will get rich over everyone else. What happened to FRX was designed to happen exactly the way it did
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