Hopeful thinking: people realize that FTX is a CEX and the true value of crypto ...

		zeroclip on Nov 12, 2022 \| parent \| context \| favorite \| on: FTX faces potential hack, sees mysterious outflows... Hopeful thinking: people realize that FTX is a CEX and the true value of crypto is in DeFi and DEXes. Reality: contagion will spread next week and everything will probably crash, even if DeFi remains unaffected.