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0 sats \ 0 replies \ @Derpitor 13 Nov 2022 \ parent \ on: Thoughts on FTX Collapse: fiat incentives, shitcoin games, and counterparty risk bitcoin
Based on their balance sheet yea. Otherwise there wouldn't be 1.4bil in Bitcoin liabilities with 0 assets.
Every hour this thing becomes more and more of a gong show.