How to Talk to Family Members About Crypto This Thanksgiving Season
The Cointelegraph team have put together a humorous guide for readers to use with cryptoskeptics and the curious at home during the holidays .
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This week across the United States, millions of people from a variety of political and financial backgrounds are traveling to see family members for the first time in months to celebrate Thanksgiving.
For the crypto-minded, market questions can be as quick as "Why did you cut your hair?" or "Why didn't you become a doctor?" — especially given the very public collapse of major exchange FTX and the soured reputation of its former CEO, Sam Bankman-Fried. The Cointelegraph team have put together a humorous "how-to" guide for American readers to consult when interacting with crypto-skeptics and curious people at home, although hodlers from other countries may also find some advice. useful.
"What is an SBF?"Despite all the three-letter acronyms they've heard on the news, family members might find it hard to believe that the former FTX CEO isn't, in fact, a stock symbol — although someone launched an SBF Goes to Jail Token (SBFP) on November 21 that performed slightly better than the exchange and its leaders, with a price drop of over 66%. "SBF" stands for "Sam Bankman-Fried", who led the now infamous FTX to become one of the most prominent companies in the crypto space before its bankruptcy.
Bankman-Fried resigned on November 11, the same day FTX filed for bankruptcy. He currently resides in the Bahamas, and there is no shortage of stories and rumors about the former executive and his dealings with the staff. SBF could be extradited to the United States to face questioning by government officials and possible criminal charges.
"Why didn't you make any money from those cartoon monkeys?"Many in the crypto space and beyond have suggested that the non-fungible token market, or NFT,
The Cointelegraph team have put together a humorous guide for readers to use with cryptoskeptics and the curious at home during the holidays .
New
This week across the United States, millions of people from a variety of political and financial backgrounds are traveling to see family members for the first time in months to celebrate Thanksgiving.
For the crypto-minded, market questions can be as quick as "Why did you cut your hair?" or "Why didn't you become a doctor?" — especially given the very public collapse of major exchange FTX and the soured reputation of its former CEO, Sam Bankman-Fried. The Cointelegraph team have put together a humorous "how-to" guide for American readers to consult when interacting with crypto-skeptics and curious people at home, although hodlers from other countries may also find some advice. useful.
"What is an SBF?"Despite all the three-letter acronyms they've heard on the news, family members might find it hard to believe that the former FTX CEO isn't, in fact, a stock symbol — although someone launched an SBF Goes to Jail Token (SBFP) on November 21 that performed slightly better than the exchange and its leaders, with a price drop of over 66%. "SBF" stands for "Sam Bankman-Fried", who led the now infamous FTX to become one of the most prominent companies in the crypto space before its bankruptcy.
Bankman-Fried resigned on November 11, the same day FTX filed for bankruptcy. He currently resides in the Bahamas, and there is no shortage of stories and rumors about the former executive and his dealings with the staff. SBF could be extradited to the United States to face questioning by government officials and possible criminal charges.
"Why didn't you make any money from those cartoon monkeys?"Many in the crypto space and beyond have suggested that the non-fungible token market, or NFT,
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