Dash is not exposed to FTX, Dash is trustless DeFi

xkcdmpx
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Dash is not exposed to FTX, Dash is trustless DeFi

I've been keeping up with the FTX/Alameda issues and what I am seeing is that Dash was not a digital asset they held in any large amount, they had no collateral held in Dash and no one in Dash invested in them, eg the DIF. Far as I know DCG do not use FTX, so we are not exposed directly to this. Of course as people lose confidence in the space, or perhaps get margin calls elsewhere, good assets like Dash and Bitcoin face selling pressure, but that will pass in time.

Now is a good time to remember that with Dash you can run your own Masternode for $34k USD in a trustless cold wallet setup where you are always in control of your own keys. It bugs me that we need to learn this lesson over and over again. Dash solves issues like FTX and 3AC, CELcius and the rest. We will recover, it's just a bad day us, those others including SOLana will be gone for good.