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Cryptocurrency crash causes trillions of dollars worth of damage - 60 Minutes Australia
FTX founder Sam Bankman-Fried's rise and fall at center of new Michael Lewis book "Going Infinite". minutes. By Jon Wertheim. October 1, K votes, comments. M subscribers in the Bitcoin community. Bitcoin is the currency of the Internet: a distributed, worldwide. But wander down El Zonte's winding dirt roads and it's easy to spot a different kind of tourist. Sign up for 60 Minutes.

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They'll lose their customers' money. Most people don't buy a whole bitcoin, but a fraction of one. The computers maintain a constantly updated record of transactions involving bitcoin. That means they have limited access to loans, mortgages or credit cards. Michael Lewis: Oh, I was on red alert.