Vivek Ramaswamy

@VivekGRamaswamy ↗

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Last Checked Dec. 5, 2022

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Sat Nov 12 13:49:12 +0000 2022

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Vivek Ramaswamy @VivekGRamaswamy

The irony is that if FTX was actually nothing more than an old-school centralized exchange that happened to offer the ability to trade in cryptocurrencies, but a truly *decentralized exchange* would have never allowed SBF to do what he did. — PolitiTweet.org

Posted Nov. 12, 2022

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Vivek Ramaswamy @VivekGRamaswamy

Parallels between the FTX fiasco & the 2008 financial crisis: the pro-regulation “good guys” turned out to be fraudsters who imploded but saddled the actual good guys with regulatory backlash. FTX is a *centralized* exchange, but now tars decentralized finance with the same brush — PolitiTweet.org

In 2008, Goldman mastered the art of crony capitalism: pay up for government protection & get bailed out when you n… https://t.co/1maKy…

Posted Nov. 12, 2022

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Vivek Ramaswamy @VivekGRamaswamy

@ErikVoorhees You’re narrowly right, but there are some underappreciated parallels of crony capitalism. For example: SBF was an old-school fraudster who may escape prosecution for it…because he was a mega-donor to “the good guys.” It’s the same reason that Goldman Sachs got bailed out in ‘08. — PolitiTweet.org

Posted Nov. 12, 2022