themangomago on Nostr: The two most significant differences between SVB and FTX: Banks are not only allowed ...
The two most significant differences between SVB and FTX:
Banks are not only allowed to gamble with customer money but also generate money out of thin air from customer funds for leveraged gambling.
Published at
2023-03-11 23:10:46Event JSON
{
"id": "a5693ee62c084612fef8228818e4d875d233d49eea8c002ed9b4c552074178f9",
"pubkey": "df50f3108b22fade9b59f5ca664604166ad78428fb221aebf360dbb8051a997d",
"created_at": 1678576246,
"kind": 1,
"tags": [],
"content": "The two most significant differences between SVB and FTX:\nBanks are not only allowed to gamble with customer money but also generate money out of thin air from customer funds for leveraged gambling.",
"sig": "b0579eb97486826e02005cf0883f31d7efddbf1132c40e0ead452e616861aeae7062b3daf02ae1e80dfe5bda269d4a6bc1aeee2b8d27f7aa3a1b3949b356078b"
}
