Commentary
The collapse of FTX is not just another crypto scam gone bust due to changed market prices. In its brief life of three years, stretching from 2019 to 2022, it became the 2nd biggest crypto exchange on the planet with billions in venture funding and a million customers.
It also had enormous influence over the direction of American public life, backing and subsidizing the worst policy decisions of public health on record. They included lockdowns, vaccine mandates, and compliance passports that contradict every core principle of freedom.
You could say that all of this is coincidental. Sam Bankman-Fried (SBF) was just a geek with too much success too fast, and his philanthropy was entirely heartfelt. There is nothing strange going on here! And it’s true that one can be too conspiratorial….