Post
Topic
Board Bitcoin Discussion
Re: FTX drama stressing people for no reason | How to stay neutral
by
8rch7
on 27/01/2023, 14:09:55 UTC
FTX drama seems to melt down from people's minds now and we are seeing good recovery signs in the market [ in the long term ].

What negative do you think is coming about bitcoin next?

Bitcoin itself is unlikely to be threatened by anything and its prospects are bright, but the community has always reacted and will always do so, statements and pressure from regulators and their actions will have an impact, well, the excessive dominance of CEX will also have an impact.
It is true that bitcoin will not be affected by anything, including the bankruptcy of FTX a few months ago, except for the one related to the FTX exchange, but we also have to realize that the bankruptcy of FTX which has a valuation of $32 billion USD, the impact is very far-reaching because it could bring down dozens of other financial institutions , some of the money is stuck in FTX, some are bankrupt because FTX doesn't want to be responsible for saving their company, but bitcoin itself is still safe and hasn't been affected by FTX's bankruptcy.