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RE: For those who went heavy into FTX: Commodities are real.

Posted on: November 22, 2022 at 09:23:33 CT
BH O'bonga MU
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Commodities have utility and their value responds directly to supply and demand. Crypto is not a currency. It is a tool and its value is limited to the confidence investors place in it. When Binance announced they were dumping their stake in FTX tokens, the market for them collapsed and FTX soon followed.

Crypto billionaires square off: CZ to liquidate Binance’s hundreds of millions of dollars in native token of Bankman-Fried’s rival FTX exchange
BYCHRISTIAAN HETZNER
https://fortune.com/2022/11/07/crypto-billionaires-cz-binance-bankman-fried-ftx-exchange-ftt-busd/
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For those who went heavy into FTX - 4TigersinMichigan MU - 11/22 08:36:49
     RE: For those who went heavy into FTX: Commodities are real. - BH O'bonga MU - 11/22 09:23:33
     Anyone that invested with that goofball was delusional, hell - tigertix MU - 11/22 09:15:30
          I don't think it's fair or appropriate to blame victims of - hokie VT - 11/22 09:53:51
     Invest in land. They stopped making it a long time ago - Fred G. Sanford USA - 11/22 08:41:40
          dunno, man - dangertim MU - 11/22 08:59:01
               RE: dunno, man - BH O'bonga MU - 11/22 09:32:02
                    you gunna sell to the chinese?(nm) - dangertim MU - 11/22 09:39:03
                         RE: you gunna sell to the chinese?: I'm not gonna sell any - BH O'bonga MU - 11/22 10:33:12
                         or Bill Gates (nm) - ashtray UF - 11/22 10:04:14
          Land, guns, gold. (nm) - ummmm MU - 11/22 08:49:25
          When he bought Dairy Queen and avoided technology, - 4TigersinMichigan MU - 11/22 08:47:10
          Will Rogers (nm) - Tigrrrr! MU - 11/22 08:45:18
     Someone said Tom Brady invested $650M into that? - Mormad MU - 11/22 08:40:14
          Brady was given equity in FTX as compensation for - ashtray UF - 11/22 10:05:48
          somebody's confused - SwampTiger MU - 11/22 08:50:00
               It was John Fek or something like that on TikTok - Mormad MU - 11/22 09:01:45
     I invest in GODs Money, Gold and Silver - mu4ever DUKE - 11/22 08:37:51




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