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Larry Fink: The FTX fiasco doesn't put an end to tokenization

Larry Fink | CEO of the BlackRock

Larry Fink, the CEO of the largest asset management company BlackRock, believes that the reason for the failure of FTX is the creation of its own FTT token. Larry Fink noted that the exchange was centralized, and therefore, its policies were contrary to the "basic principles of cryptocurrency." 

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Robert Kiyosaki: I keep waiting for Bitcoin to rise

Robert Kiyosaki | The well-known writer

The well-known writer has repeatedly said that he believes in the prospects of the first cryptocurrency. The economist once again confirmed his words and stated that even the collapse of FTX will not be able to prevent the growth of Bitcoin.

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Mark Cuban: Cryptocurrencies will thrive even despite the fall of FTX

Mark Cuban | American billionaire

American billionaire Mark Cuban continues to believe in the prospect of cryptocurrencies and digital assets. According to him, the collapse of the FTX cryptocurrency exchange will not be able to hinder the development of the industry. 

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David Zell: withdraw funds from centralized exchange

David Zell Co-founder of the Bitcoin Policy

Co-founder of the Bitcoin Policy research center David Zell believes that, despite the negative impact of the collapse of the FTX exchange on the cryptocurrency industry, this will strengthen confidence in Bitcoin. Speaking on the television show "Just the News, No Noise", David Zell said that in the long term, the bankruptcy of the FTX trading platform will increase the level of Bitcoin acceptance.

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Kevin O'Leary: I would definitely invest in Sam Bankman-Fried's next venture

Kevin O'Leary | The popular Shark Tank show host and well-known investor

The popular Shark Tank show host and well-known investor said that despite what is happening with the FTX exchange and Alameda subsidiary, he would finance the next project of their founder. 

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Sam Bankman-Fried: exchange FTX will fix "broken" social networks

Sam Bankman-Fried CEO of FTX Sam Bankman-Fried

One of the largest crypto exchanges in the world, FTX, plans to use the Blockchain to fix "broken social networks" and improve interaction between social platforms. CEO of FTX cryptocurrency exchange, Sam Bankman-Fried, spoke about the plans in an interview with Bloomberg. According to him, in social networks such as Facebook, there is no normal way to see a link to a tweet, and Whatsapp, in principle, cannot recognize links to tweets. Bankman-Fried said that cryptocurrency and blockchain projects do not have such problems, they easily work with each other even if the ecosystems are not directly connected.

The entrepreneur believes that with the help of the blockchain, the same interaction can be reproduced in Web2 projects. The head of FTX criticized the moderation policy on popular social media.

The three guys who run the digs decide what gets censored and what doesn't..

Sam Bankman-Fried CEO of FTX

FTX has a working model in place that allows different platforms to access the same pool of data to make independent censorship decisions, he says, and those decisions are the same for everyone. Such a model would help new platforms catch up with existing ones, instead of building their own policies from scratch. Bankman-Fried proposes to establish a single standard for Web2 projects using blockchain, which would significantly speed up the interaction of sites and social networks with each other, helping to focus on aspects that are more important for development. Recall that on Monday, the head of the American branch of FTX Brett Harrison (Brett Harrison) said that the cryptocurrency market will not reach the level of the stock market without the launch of spot derivatives.

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