FRIDAY FLASHBACK

Hey hey HEY!

Here’s what we discussed this week!

Monday: Last week we talked about the FTX scandal and on Monday we moved over to the Bahamas! Yep, that’s where FTX was based; the Attorney General of the Bahamas defended his country’s reputation as a “crypto paradise where cryptocurrency schemes are hatched.” He said that the Bahamas is not one of those countries where there is no “legislative or regulatory authority over the crypto and digital asset business.” In other words, he was saying that it’s not like FTX had a home there because there were no laws. OK! 😩

Tuesday: We found out that there are crypto twitter influencers converging in the Bahamas in search of Sam Bankman Fried (SBF, the CEO of FTX). One Youtube crypto influencer posted a live stream of himself walking around the property where SBF and his team lived 🤨 but he was eventually turned away by staff. He also went to other locations on the island investigating the properties/assets of SBF’s parents!👀

Wednesday: I talked about an interview I watched with ABC’s George Stephanopoulos and Sam Bankman Fried (SBF). SBF said that he didn’t think he could be compared with Bernie Madoff because Madoff handled a big ponzi scheme while FTX was an actual company.👀 He also said that he wished he took more responsibility for understanding everything that was going on in the company and that he should have been on top of things. (But at least he also takes responsibility for the money that people lost - he says that’s on him.)

Thursday: Yesterday we chatted about Bitcoin, yeah! We discovered that the number of people still purchasing BTC is growing in spite of the highs and lows of the crypto market. Glassnode reported that the number of known addresses that hold 1 BTC or more has hit a new all-time high of 950,000! So we can tell that some people are looking at the cryptocurrency turmoil as a wonderful buying opportunity! 🤷🏾‍♀️

That’s it for today, fam! I’ll see you back here on Monday. Please do something fun for yourself this weekend! Take a bubble bath, get/give yourself a mani-pedi, watch something cool on Netflix, take a long walk, go see a movie, or do whatever makes you smile. Treat yourself like you really love yourself! MUAH!😘

Copyright ©2022 Sherma Jacqueline Felix, BLACK ADVANTAGE Publishing™. The author shall neither be liable nor responsible for any loss or damage allegedly arising from any information or suggestions in this post.