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35 sats \ 2 replies \ @purpurato 5 Oct 2023 \ on: How I think the FTX trial will go bitcoin
When I see FTX I always think about Tom Brady, the guy was at the peak of his life and then SBF came lol 😂
Millions evaporated, reputation crushed and hot wife gone. Always remember kids, this is what crypto does to your life, it's worse than drugs.
Sam...? Sam? Where you're going bro?
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21 sats \ 1 reply \ @TwoLargePizzas 6 Oct 2023
I've always found the expression 'millions evaporated' kinda funny. It makes it sound like those dollars vanished when really they just moved into someone else's bank account.
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10 sats \ 0 replies \ @purpurato 7 Oct 2023
Right! Particularly in this case.
But when market crashes and headlines say "The market lost 10 billions in one day" it actually didn't lose anything, it's just valuation that disappears.
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