Nobody understands crypto from a financial perspective. That's why all the big c... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

snowwrestler on Nov 10, 2022 | parent | context | favorite | on: The Sam Bankman-Fried empire crumbled. What happen...

Nobody understands crypto from a financial perspective. That's why all the big crypto companies keep dying in new and interesting ways.

BLKNSLVR on Nov 10, 2022 [–]

Recently they seem to be dying in the exact same way: reinvesting customer funds.

snowwrestler on Nov 10, 2022 | [–]

Sure, but lots of other kinds of financial institutions reinvest customer funds and don't die.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact