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/biz/ - Business & Finance

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49869542 No.49869542 [Reply] [Original]

Oh my fucking god, I just realized crypto might have bottomed.

Sam Bankman-fried is offering massive bailouts to all these crypto companies, Blockfi and Voyager for example.

Why would he offer bailouts if they could continue to get fucked anyway?

>> No.49869609

Ok you guys are probably typical low IQ goyim bears, but Sam Bankman Fried is not. Are you smarter than him?

>> No.49869634

>>49869542
btc will die, son

and so will the career of the most generous billionaire

>> No.49869659

>>49869634
Ok Pajeet.

>> No.49869664

>>49869634
>betting against jews
When will you people learn

>> No.49870522

>>49869664
haha yes

>> No.49871396

>>49869542
It's possible that we bottomed but I am still waiting for Tether to implode. There is no way that USDT is going to last much longer. FTX for example is already switching to USDC. As to these CeFi platforms, you can make a higher APY staking CNDL and NEAR on their websites, so why bother with a third party holding your crypto.

>> No.49871945

anything the jew touches goes down without bottom because he is a persona non grate in the current crypto enironement. Maybe he get a second chance during normie season, but nobody did.

>> No.49872438

>>49869542
>Why would he offer bailouts
As shitty as they are now, all of these services have teams and customer bases. If that's what he's really doing, he's offering them a chance to survive and reform under his ownership. If they don't take the offer, they go under and disappear, and he can spend the money he would have spent bailing them out instead rebuilding a similar service.