Batya Ungar-Sargon and Robby Soave discuss the $1 million donation FTX made to a super PAC aligned with Senate Minority Leader Mitch McConnell (R-Ky.) #FTX #cryptocurrency #superpack

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    37 Comments

    1. BTC is not decentralized crypto. It is all about centralized vs. decentralized. Let a centralized entity with just a few people at the top control whatever coins you have is risky.

    2. The million dollar donation was probably him realizing his bankruptcy would occur right about the time the republicans were expected to take the senate. He was attempting to hedge his bet, after all the money he had given Dems.

    3. Spot <on! You are getting good at being ahead of the trend. Good job man! You nailed it. Many people have lost their life savings as FTX fall but not me as I was warned by my crypto advisor Alice Rodwell of the imminent doom that was about to happen, I was able to transfer my profits of 13 bitcoin before they stop all transactions form FTX. I always say this there are different ways of earning profits in crypto market but most people believe in buying and hold for a long term, me on the other hand divide my portfolio in 2, 1/2 is to hold and the other 1/2 is for trading, using accurate signals from my advisor I have profited multiple times therefore adding more coin to my cold wallet. I also advise my friends to stop holding your coin in exchanges they gamble with your coin.

    4. She is absolutely clueless…She even says she doesn't understand blockchain. This whole fallout is the fault of people like her….Understand the basic principles of mankind. Evolution equals innovation. You so called smart people better get with the program and stop being smart/dumb. I blame the powers that be for this whole debacle. It NEVER was going away and because of regulators that share this same clueless and basically I don't care because I'm clueless position is why all of this happened. PLUS all the pushback from the Legacy system. Really, that's the truth to the matter…Sucks….

    5. Crypto is an unregulated mess with more scams than real “coins”.
      But Ryan think the problem is to much regulations and big government…
      There is no arguing with libertarians.

    6. If you don't understand what you are investing in and the investment does not produce anything then walk away from it. There are business school graduates with no ethics inventing investments to attract money regardless of their viability While the uninformed better known as suckers are pouring their money in the CEOs siphon off as much of the assets as they can before the house of cards tumbles down. You cannot rely on our government to protect you. Politicians are paid to look the other way until it's too late.

    7. Who knew Batya actually had a somewhat good take on something with a CLOSE (but not perfect) analysis that includes at least a useful class component.

      Crypto is a scam, even Batya knows it.

    8. If you wannabe crypto millionaires are lucky the Biden family will have some investments in Blockfi and you all can look forward to a taxpayer bailout.

    9. Libertarians are so lost in the sauce. Crypto has been around for over 21years and popular for over 10 and has ANY of those scenarios Robbie laid out actually happened enough to ACTUALLY justify what he is saying. Isn't El Salvador just as much a dumpster fire after they tried to go full crypto? Didn't Modero, in VZ try a sanctioned crypto? Like, I still don't see all this democracy that was supposed to happen with crypto. I just see a new market opened by rich people to funnel more money in their direction.

      Crypto is a scam

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