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and now to the crypto crisis the collapse of FTX has been immediate and extensive FTX which was the second largest crypto exchange it filed for bankruptcy on Friday and I spoke with an economist about this Fallout what do you think this means for the future of crypto Iamp;#39;ve never seen any future in this um you know thereamp;#39;s a lot of conversations about what is cryptocurrency letamp;#39;s be clear itamp;#39;s not a true asset a true asset gives you a return you buy an apartment building it gives you rents you buy a stock it gives you profits there was no value to this there was never any true returns it was simply a commodity exchange commodity it was a currency it was a way of transacting I was way more expensive to buy and sell cryptocurrencies than it is shall we say to buy and sell dollars or or Pounds or anything else many of these cryptocurrencies have simply no longer exist thereamp;#39;s no value to them but ultimately uh to me this is not a market that has any k
