LogFAQs > #969392577

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Topic	"Web3 is the future!" (FTX scandal)
Yellow 11/13/22 3:17:50 AM #2:	They burned through 9.4 billion and fled the country with the rest. Needless to say, I think we've proven using blockchains as anything but a corruption-resilient database that handles massive volume from many sources doesn't make sense. Crypto is good for basically nothing but laundering money past governments if you are trying to flee a country. If at any point you have access to the USD you shouldn't touch it. <cite>Yellow posted [p:969392577] in "Web3... [t:80231683]...</cite> <quote>They burned through 9.4 billion and fled the country with the rest.Needless to say, I think we've proven using blockchains as anything but a corruption-resilient database that handles massive volume from many sources doesn't make sense.Crypto is good for basically nothing but laundering money past governments if you are trying to flee a country. If at any point you have access to the USD you shouldn't touch it.</quote> ... Copied to Clipboard!
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