Yes, I’m a part qualified accountant — although my Investment Banking career was in Trading and Risk Management — so can read balance sheets or pretty much any financial statement.

I don’t see FTX’s collapse as destroying crypto any more than the Dot Com Bubble blowing up destroyed tech stocks.

Solid cryptocurrencies e.g., Bitcoin, perhaps Ethereum, will be fine. Dodgy intermediaries such as FTX (and others) will exist until we see tighter regulation in a manner consist with financial assets such as stocks &

bonds.

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Retired Investment Banker, Deutsche Bank, ABN AMRO, Moodys, now University Lecturer in London. Financially independent student of markets. American / British.

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Dave Coker

Retired Investment Banker, Deutsche Bank, ABN AMRO, Moodys, now University Lecturer in London. Financially independent student of markets. American / British.