NYC Mayor Undeterred by FTX Collapse — Insists Crypto Is an Business ‘We Should Embrace’
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Keep pushing
He is right. The FTX collapse is just another setback, like all the others before it
We keep it moving
Tests and unexpected events are needed for growth
tldr; New York City Mayor Eric Adams is a big supporter of bitcoin and crypto. He converted some of his paychecks into BTC and ETH earlier this year “to send a message that New York City is open to technology.” He added that crypto is coming whether we like it or not.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
FTX isn’t crypto. More politicians need to smarten up and realise this like the NYC Mayor.
Or maybe they are just purposefully ignorant.
Crypto is not FTX. Let’s move on
Embrace the dip!
FTX collapse is yet another proof of the need for decentralization.
I don’t know anything about politics, but this guy seems alright.
New York also banning mining? So what do they want over there?
Sounds like *someone* invested a little heavily in alt coins and needs some exit liquidity
Sounds like he’s one of us
Less govt more decentralization and pure on chain transparency
Don’t let one bad player (of several unfortunately) ruin the entire industry
FTX collapsing just shows we need some clarity around regulations and centralised entities need to be held to the highest of standards
People mix ftx with crypto and there is not the same
Good. Crypto isn’t fucking FTX
How come all the major political supporters of crypto are batshit crazy?
Honestly, any non-corrupt government would love to have access to a blockchain that showed all purchases in the open.
SBF and FTX does not represent Crypto and this industry…
He is using self custody
What else is he gonna say? Sorry I was wrong? He does politics, he is never wrong.
Not that crazy of an opinion. How many banks have failed in the last financial crisis, yet the majority of people still use them.
Yeah.
He owns BTC , he must say this.
Crypto played no part in the downfall of FTX it was caused by one man