Viewing a single comment thread. View all comments

SuperSecretAgentMan t1_j21drhs wrote

Reply to comment by TheUmgawa in Sam Bankman-Fried to enter plea in FTX fraud case by hzj5790

All digital money is pretend digital money. Money isn't even real, only debt is real.

−5

Happyhotel t1_j2296jh wrote

Ye but when was the last time a major American bank just lost all of their customers’ money?

6

SuperSecretAgentMan t1_j22iws5 wrote

Technically 2008, except the government bailed them out and replaced it.

1

Happyhotel t1_j22shc8 wrote

So, from the customer’s perspective the money wasn’t lost yes?

3