LogFAQs > #969535618

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Topic	"Web3 is the future!" (FTX scandal)
Yellow 11/19/22 4:07:54 AM #23:	Honest question, why does having control over $16 billion make someone a billionaire if you're essentially a bank holding $16 billion of other people's money? At least with normal money if a billionaire usually actually owns the shares that make them rich. All he had to spend was the cut he got from the fees? He's also the biggest thief in all of history, probably. <cite>Yellow posted [p:969535618] in "Web3... [t:80231683]...</cite> <quote>Honest question, why does having control over $16 billion make someone a billionaire if you're essentially a bank holding $16 billion of other people's money? At least with normal money if a billionaire usually actually owns the shares that make them rich.All he had to spend was the cut he got from the fees?He's also the biggest thief in all of history, probably.</quote> ... Copied to Clipboard!
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