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What are the implications of Sam Bankmanfried finally admitting what was already obvious in the crypto industry?

avatarConstantin NoelDec 15, 2021 · 3 years ago3 answers

What does it mean for the crypto industry now that Sam Bankmanfried has openly acknowledged something that was already widely known?

What are the implications of Sam Bankmanfried finally admitting what was already obvious in the crypto industry?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Well, it's about time! Sam Bankmanfried finally admitting what was already obvious in the crypto industry is a significant development. It shows that even the most influential figures in the industry cannot ignore the truth forever. This admission will likely lead to increased transparency and accountability in the crypto space, as others may follow suit and acknowledge what has been evident for quite some time. It's a step in the right direction for the industry's overall credibility and trustworthiness.
  • avatarDec 15, 2021 · 3 years ago
    OMG, did you hear? Sam Bankmanfried finally admitted what everyone already knew in the crypto industry! It's like stating the obvious, right? But hey, at least now we can stop pretending and start addressing the real issues. This admission might bring some much-needed changes to the industry, like tighter regulations and better investor protection. Let's hope it's not just empty words and that actions will follow!
  • avatarDec 15, 2021 · 3 years ago
    As a representative of BYDFi, I must say that Sam Bankmanfried's admission of what was already obvious in the crypto industry is a positive development. It shows that industry leaders are willing to acknowledge the challenges and shortcomings openly. This admission can lead to increased collaboration among different players in the industry, as we work together to address the issues and build a more sustainable and secure crypto ecosystem. It's a step towards a better future for the industry as a whole.