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Rabbit Hole Recap #227: FTX was a Ponzi and held no bitcoin... who's next?

Rabbit Hole Recap

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Ethereum

You cannot withdraw a steak ETH right now. If you steak ETH, it is stuck there unless the devs decide to add withdrawal support at some indeterminate time in the future. Meanwhile, Vitalik is selling ETH on the market while people are stuck in fucking... We should go backwards and let people know just in case, not only was ETH pre-mind, but there is a small cabal that owns 80% and 90%. So you think about the same thing that FTX did with their token. The exchange token model is completely ridiculous from first principles.

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