Bitcoin Helps Users Avoid The Downfall Of FTX — Bitcoin Magazine

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This is an opin­ion edi­to­r­i­al by Heather Everdeen, a moth­er, Bit­coin­er and life­long learner.

Dear Friends and Family,

The thing I want you to under­stand about FTX is that these are fiat prob­lems, not Bit­coin prob­lems. Bit­coin is unaf­fect­ed aside from its fiat cur­ren­cy exchange rate. The bit­coin price is impact­ed because of all the pres­sure on these exchanges and funds to sell their assets. Bit­coin is one of the most liq­uid assets there is; it’s easy to sell imme­di­ate­ly when you have to. There is still a new block approx­i­mate­ly every 10 min­utes. Bit­coin keeps run­ning, unaffected.

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