Comment Comment by douglaswlance This isn't a crypto failure. Crypto works.This is a human failure. FTX didn't collapse because of the technology. It collapsed because of human error.The fix is rather simple. If an organization looks like a bank and quacks like a bank; it should be regulated like a bank. parent douglaswlance 4 years ago
This is a human failure. FTX didn't collapse because of the technology. It collapsed because of human error.
The fix is rather simple. If an organization looks like a bank and quacks like a bank; it should be regulated like a bank.