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FTX's Bankman-Fried Says It’s Worth Losing Money to Prop Up Crypto Industry

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by COINS NEWS 166 Views

He's positioning himself as a modern day J.P. Morgan. When the bank runs of 1907 started, it was J.P. Morgan who started offering up his money to bail out insolvent regional banks.

History 100% repeats itself, so I would strongly suggest folks read up on this stuff and position themselves accordingly.

As soon as this period of growing pains are over and we have a Digital Currency Reserve backed by the Fed, this asset class is positioned to take over all others - and the ground floor is where you want to be.


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