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Saturday, 11/12/2022 10:06:06 AM

Saturday, November 12, 2022 10:06:06 AM

Post# of 17752
When I read this article it became so obviously clear to me that this whole crypto BS is just that a big scam. Note it mentions in the article that when it was revealed that the majority of the equity in the Scam Artist's secondary Company (Alameda Research) was comprised of it's own FTT tokens NOT in dollars, other fiat, and especially not gold.

That of course prompted the Binance CEO to right away get all his money out of FTX and in turn that collapsed it. The moral of the story is that this crypto is not money it's being created by people that make it their money. All fiat is really the same and when fiat is debased and made worthless the only REAL money is gold and silver.

This article explains how it all went down. Literally. We could see Bitcoin go on a very similar path.

https://www.kitco.com/news/2022-11-11/CZ-breaks-silence-with-a-blow-by-blow-account-of-Binance-s-role-in-the-FTX-collapse.html