https://www.youtube.com/watch?v=AMNzTgUFlHU


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110 DELETED
The whole FTX debacle CLEARLY DEMONSTRATES that cryptocurrency is NOT A TRUSTWORTHY INVESTMENT VENUE. 

Period. 

Blockcoin-backed transactions may well be authenticate the cryptocurrency used BUT WHAT COUNTS is ITS "MARKET VALUE" which is DEPENDENT ON THE WEIGHT OF THE DEMAND. 

THE QUESTION IS THIS: how strong THE DEMAND post-FTX?

The whole cryptocurrency business may well be JUST "a fad".

IF "a fad" is will GO DOWN + DISAPPEAR.

This is PROBABLY THE DIRECTION it will go because the FTX debacle underscores the fact that the CRYTOCURRENCY BUSINESS IS TOO RISKY TO BE TAKEN SERIOUSLY.

Cryptocurrency PROMOTERS are NOW saying THE PROBLEM
with FTX was that it was ...
1. OFFSHORE;
2. UNREGULATED.

FIRSTLY, we are NOT OFFSHORE.

SEONDLY, we only need to GET REGULATED for THE PROBLEM
TO BE SOLVED.

Honestly?

Really?

COME ON!

THE FUTURE SUCCESS of this very IFFY financial venue will be
determined by CUSTOMER DEMAND.

The TWO (2) determining QUESTIONS regarding demand are:
1. will THE DEMAND BE SUFFICIENT to increase its value?
2. for HOW LONG?

My view: NOT LIKELY.

THE ACCEPTANCE of this financial venue of investment has been UNDERMINED by the whole FTX debacle - FOR GOOD!
Ken, Toronto, CANADA