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897: Important Financial Lessons from the FTX Collapse

Radical Personal Finance

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The Fakeness of Money Is Fake

"I have a master's degree in financial planning. I've been paying attention to finance for 20 years," he says. "If you ask me today off the cuff to explain how money is created, it is such a convoluted, ridiculous system that is exceedingly difficult for me to do" If your FTX trading account on FTX was wiped out, if you've lost half your net worth, etc., this could be a sign of something being wrong with Bitcoin or other currencies.

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