FTX now becoming an integrated part of this community is exactly what I was taking about in ” The Ghost of Mt.GOX”

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FTX now becoming an integrated part of this community is exactly what I was taking about in ” The Ghost of Mt.GOX”

Honestly don't even know if this will show up. Such things tend to not be seen

A while back I started a series on the reality of (Centralized Exchanges) CEXs in the crypto space. Based on the name you can guess it wasn't a glowing review of the CEX system. In regards to CEXs becoming involved with projects I suggest you read part 8:

https://www.reddit.com/r/CryptoCurrency/comments/rx84le/the_ghost_of_mt_gox_part_8_cex_tokens_and_crypto

What I was talking about back then has effectively happened here. Liquidity has now become dependent on a CEX and the next "catalyst event" is now obviously a listing on that CEX. The narrative has changed from a fun experiment (with some profitability) to a speculative market that will overwhelmingly benefit the CEX

submitted by /u/GodlordHerus
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