Emin Gün Sirer: Avalanche – The Future of Crypto: From Gaming to LLM-Powered Smart Contracts
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The Failure of Cryptocurrency Exchanges
Wall Street had one job. Heat track of the shares. That's your job. Dole now it moves count. 38 million issue. It better have 38 million doubts for the last one. Somehow what happened is you know how they're like market movements and stoppers kick in. And during those times there are off exchange trading platforms. So DEXs would not have allowed Sam to steal the coins. Enclave is a new kind of exchange where even if Sam Bankman Reed owned it and operated it, he couldn't steal money from them. The biggest failure is the go, go, go craziness that we get into during every bull market.
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