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A Post-FTX Reality Check with Joe Weisenthal

Bloomberg Crypto

00:00

Is There Anything That Could Be Done About Cryptocurrency?

I don't think I ever saw like a great alternative to the public wallet episode in Bitcoin. The next crisis after FTX could have something that's like, yeah, but where do these prices come from and how reliable are they? Because we do see that, of course, with the FTT and serum question with FTX. And I'm not sure that like a proof of reserves had it been in place for FTX would have necessarily been robust against that failure.

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