cefifail
189 views
2 Discussing
Hot
Latest
See original
The Vice Returns with a Vengeance! $SBF reappears pleading for clemency: The hypocrisy that proves the total failure of CeFi.
Sam Bankman-Fried, the central figure in the largest centralized financial collapse in crypto history ($FTX), has reappeared from prison, boldly seeking clemency while allowing himself to comment on pardons for former presidents.
This circus is the harshest and most provocative reminder of the danger posed by centralized figures who believe that ethics are negotiable and that they are above the law.
SBF's plea for clemency is not just a legal act; it is an ideological attack on the foundation of Web3.
His attempt to influence or be forgiven reinforces why we need systems where code is law and not political influence.
This event will drive an exodus of capital towards purely decentralized DeFi protocols and L1s, reaffirming the thesis that the only security against corruption is trustlessness. Never forget the cost of centralization!
$BB
@BounceBit
#SBF #FTX #CeFiFail #Clemencia #Descentralizacion
Sam Bankman-Fried, the central figure in the largest centralized financial collapse in crypto history ($FTX), has reappeared from prison, boldly seeking clemency while allowing himself to comment on pardons for former presidents.
This circus is the harshest and most provocative reminder of the danger posed by centralized figures who believe that ethics are negotiable and that they are above the law.
SBF's plea for clemency is not just a legal act; it is an ideological attack on the foundation of Web3.
His attempt to influence or be forgiven reinforces why we need systems where code is law and not political influence.
This event will drive an exodus of capital towards purely decentralized DeFi protocols and L1s, reaffirming the thesis that the only security against corruption is trustlessness. Never forget the cost of centralization!
$BB
@BounceBit
#SBF #FTX #CeFiFail #Clemencia #Descentralizacion
Login to explore more contents