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FTX and Crypto Bust Present Capitalism’s Limits

by SB Crypto Guru News
December 18, 2022
in Bitcoin
Reading Time: 1 min read
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We’re all astounded that FTX, now primarily price nothing, was valued at $32 billion a number of months in the past, and that lending service Celsius Community clocked in at $3.5 billion earlier than it went below. However we must be asking related questions concerning the investments and deposits that poured into Binance, Coinbase, Kraken, Crypto.com and different such exchanges. I’m not suggesting that they too are on the verge of chapter or are suspected of fraud, moderately that we should always mirror on the inflated expectations for long-term progress that drew the inflow into all the business.



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