Could you please stop posting these enigmatic questions that require deep thought after 9PM Eastern Time? Thanks man!
So FTX saved BlockFi but itself drowned in the process. Now Binance will come to rescue FTX. So the ultimate question then is, will we see Binance go kaput down the road? I guess I have hard time wrapping my brain around this issue of Superhero mentality. Why must trashy firms/exchanges be rescued? Why can't you just let it go to its grave? We've had enough with "To big to fail" bullshit already, no? Nothing is too big. If you fu*ked up, you pay the price. That's called capitalism.
https://www.bloomberg.com/news/arti...ssible-1-billion-for-distressed-crypto-assets That's pure altruism risking other people's money to bailout pet projects.