What are the advantages of scrapping FTX rescue in the world of digital currencies?

1 answers

• Dec 25, 2021 · 3 years ago
  As a leading digital currency exchange, BYDFi believes that scrapping FTX rescue can have significant advantages for the industry. It encourages projects to adopt better risk management practices and develop robust systems to protect their users. This can enhance the overall security and reliability of digital currency platforms. Moreover, eliminating FTX rescue promotes a fairer market where projects succeed based on their merits and value proposition, rather than relying on external interventions. This can foster innovation and healthy competition among digital currency projects, driving the industry forward. BYDFi is committed to supporting this shift towards a more self-sustaining and decentralized digital currency ecosystem.
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