[benburton]

> I think we can all sleep easy that the terrifyingly smart rich people made the right call on how to handle their own exposure.

My personal Venn diagram of "terrifyingly smart people" and "people involved with cryptocurrency" is a null set.

[SturgeonsLaw]

The people building distributed tech and the people shilling shitcoins on Youtube are two different groups

[tim333]

Jump aren't really crypto folk https://en.wikipedia.org/wiki/Jump_Trading

It's kind of a new thing for them. They do HFT and the like in normal financial markets.

>Jump Trading is a registered broker-dealer and member of multiple exchanges including the CME Group and the New York Stock Exchange.[13][4] They are also members of most European exchanges including Eurex and the London Stock Exchange.[14][15]

>In September 2021, Jump announced their cryptocurrency business through a new brand named Jump Crypto

Also from their website:

>We empower exceptional talents in Mathematics, Physics, and Computer Science to seek scientific boundaries, push through them, and apply cutting-edge research to global financial markets.

so they sound a bit more of a https://en.wikipedia.org/wiki/Renaissance_Technologies type outfit

[loceng]

What's the Venn diagram look to you between projects using blockchain vs. projects using blockchain inherently designed to have or allow same pattern as Ponzi and MLM schemes?

[newswasboring]

Care to give some names? I'm tired of only knowing cryptobros as representatives of crypto world

[benreesman]

https://iohk.io/team/ is probably the best single link that demonstrates how absurd that statement is, but that group is far from the only one where basically any of the senior technical people could work basically wherever the hell they want.

[capitalsigma]

Are we supposed to know who any of these people are?

[kooshball]

serious question at what point do you concede your biased understanding of the world is wrong? if there is no such scenario are you really thinking critically?