/biz/ - Business & Finance

SBF looks so sad he got arrested. But do you know why? Look closely at this face. It's more of a "I'm sorry I used Mommy and Daddy's game in crypto space, now I have to get time out, right?" sort of face rather than sad about being put into jail.

What's happening with banks now is happening because all of the big, trusted banks are connected to a chain of other, lesser known, less trusted banks that are doing shady shit with money like rather than putting the money into bonds, the money is put into risky stocks. The big banks don't do this directly, but indirectly through lending from one bank to another to another to try to hide their trail.

SBF, The fucking BANKMAN, pulled off the BANKMAN's game in crypto. CZ knew exactly where he got this from and called out his bullshit. Banks, seeing that CZ could call SBF out on his bullshit and get him caught, started SHITTING THEMSELVES and pulling out of their risky investments.

Can someone who understands the whitepaper more than me explain this:

>how does the amount of bitcoin transactions, and the quantity of bitcoin in each transaction, affect the network?

Hypothetical scenario: what if a group of whales kept sending HUGE amounts of bitcoin back and forth as quickly as possible between a HUGE amount of wallets? Would miners make more money, or lose money due to increases in electricity? Would the network significantly slow down? What would happen, can you explain?

And so if this would create problems for the bitcoin network...what defense against this exists? Would "bitcoin developers" have to do something to protect the network?

Sincerely, a man who wears a lanyard with his ID card on it around his neck all day in a facility where no phones are allowed and nobody is glowing :)

LOL