Perception vs. Reality Have you been following the FTX collapse? Amazing story about the fall of a Bitcoin Billionaire with all of the incredulity and schadenfreude you’d expect. I won’t cover it here. Matt Levine at Bloomberg has been doing a far better job than I could. https://www.bloomberg.com/opinion/articles/2022-11-17/matt-levine-s-money-stuff-ftx-was-not-very-careful I’d like to talk about something “bigger”.… Continue reading Perception V Reality
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