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How did Sam Bankman's parents react to his involvement in the cryptocurrency industry?

avatarGiupviectheogioguviDec 25, 2021 · 3 years ago3 answers

When Sam Bankman, the founder of FTX exchange, decided to enter the cryptocurrency industry, how did his parents initially respond to his decision? Were they supportive or skeptical?

How did Sam Bankman's parents react to his involvement in the cryptocurrency industry?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sam Bankman's parents were initially skeptical about his involvement in the cryptocurrency industry. They were worried about the risks and uncertainties associated with this new and volatile market. However, as they saw Sam's determination and success in building FTX exchange, they gradually became more supportive and proud of his achievements.
  • avatarDec 25, 2021 · 3 years ago
    At first, Sam Bankman's parents were quite concerned when he told them about his decision to enter the cryptocurrency industry. They had heard stories of scams and hacks, and they were worried about Sam's financial security. However, as they saw his passion and dedication to the industry, they started to understand his vision and became more supportive of his endeavors.
  • avatarDec 25, 2021 · 3 years ago
    When Sam Bankman expressed his interest in the cryptocurrency industry to his parents, they were initially hesitant. However, as Sam explained the potential of blockchain technology and the opportunities it presented, his parents began to see the value in his involvement. They now fully support his work at FTX exchange and are proud of his accomplishments.