A fool and his money


I've posted before about the grift that is cryptocurrency. Can you make money in crypto? Sure. You can make money at a casino, too. But that's gambling, not investing.
"Sam Bankman-Fried had $100,000 left in his bank account last time he checked. . . . His personal wealth at one point reached $26.5 billion."
I guess if he'd been an actual Bankman, he's be FDIC-insured. https://www.axios.com/2022/11/29/sam-bankman-fried-100000-ftx-cftc-regulation?fbclid=IwAR1ECKNdQRrQFe5Ag6qp3WRghb66LpEK7q1mml15jI6RpH231cjSOzX4vWs

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