CoffeeZilla

So let's talk about SBF and FTX.

Who is Sam Bankman-Fried?

Can you tell the story from the beginning as you understand it?

I can't wait till that actually enters the lexicon, like a Wikipedia page on it, like economic students are learning in a school.

That's like a chapter in a book.

Anyway.

I mean, this is the reality of our world.

This is a really big part of the economic system is cryptocurrency and stablecoin is part of that.

Does FTT almost approximate like similar things if you were to buy a stock in a public company?

Is that kind of like a stock in FTX?

Actually, this structure, it's a pretty nonstandard structure.

did the architects of its initial design anticipate the wobbliness of the whole system?

So putting fraud and all those things that happened later aside, do you think it was difficult to anticipate this kind of FTT, FTX, elementary research, weird dynamic?

And these people- As your financial advisor, I would definitely recommend you do not put all your eggs in this basket.

So when you say customer assets, I come to this crypto exchange, I have Bitcoin or some other cryptocurrency, and this is a thing that has pretty stable value over time.

I mean, as crypto, relatively so, and I'm going to store it on this crypto exchange.

And that's the whole point.

This is...

So this thing, to the degree that crypto holds value, is supposed to continue holding value.

There's not supposed to be an extra risk inserted into the thing.