FTX And Bitcoin: The Good, The Bad And The Ugly

Bitcoin Magazine

This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to the Finance Corps.

When one of the Bitcoin Magazine editors reached out to ask what I thought the FTX collapse meant for bitcoin, my first instinct was simply, “Tick-tock next block.” 

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But after some reflection I think it’s hard to cover this scenario in a one dimensional view.

For whatever reason, my mind immediately went to an old Clint Eastwood movie, “The Good, The Bad And The Ugly,” which conveniently creates the perfect framing for my thoughts on this still-unraveling predicament.

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What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

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