4min snip

We Study Billionaires - The Investor’s Podcast Network cover image

BTC118: Deep Dive Aftermath of SBF and the FTX Disaster w/ Mark Goodwin (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

NOTE

FTX Takes Down So Many Startups

Bitcoin holdings went up in value in May 2022, but then decreased in value a few months later./nLuna Foundation owned 80,394 Bitcoin at the time and it is now ranked 10th in the world for Bitcoin holdings./nThe US dollar system is being used to pervert away the normal economic incentives that would exist on a Bitcoin system, and this is seen in the Luna fiasco where the Bitcoin was liquidated onbinants./nBinance was also very public in their attack on the peg, and this led to Caroline from Alameda saying that her resistance levels at to the entire planet.

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