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The Crypto Blow-Up (EP.283)

Animal Spirits Podcast

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FTX Is a Bad Actor

I would never ever have thought that it was FTX stealing the customer's money. We've honestly just learned that this is still such a new asset class and the risks are way bigger than If you invest in index funds, you can lose some money for sure But it's not going to go to zero in a new assetclass like this Unfortunately, the risks are so big that it can because people did always say don't invest money that you're not completely willing to lose here.

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