+- jsr -- 245d ---------------------------------------------------------------------------------------------------[...]+ | | | Did the University of Chicago blow their endowment on shitcoins? | | | | Nobody is exactly sure how much they gambled and lost on 'crypto.' | | | | But they are now freezing research amidst federal funding cuts. | | | | https://blossom.primal.net/80f8ea9b854920942d5ae0ea946c28e5763ac291ea148e09ea65c3605bddf749.png | | | | If only they'd put that money into BTC those labs where I slaved away as an undergrad would be humming. | | | | Source: https://stanfordreview.org/uchicago-lost-money-on-crypto-then-froze-research-when-federal-funding-was-cut/ | | | +-- reply ---------------------------------------------------------------------------------------------- [8 replies] ---+Did the University of Chicago blow their endowment on shitcoins? Nobody is exactly sure how much they gambled and lost on 'crypto.' But they are now freezing research amidst federal funding cuts. https://blossom.primal.net/80f8ea9b854920942d5ae0ea946c28e5763ac291ea148e09ea65c3605bddf749.png If only they'd put that money into BTC those labs where I slaved away as an undergrad would be humming. Source: https://stanfordreview.org/uchicago-lost-money-on-crypto-then-froze-research-when-federal-funding-was-cut/
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Did the University of Chicago blow their endowment on shitcoins?Nobody is exactly sure how much they gambled and lost on 'crypto.'But they are now freezing research amidst federal funding cuts.https://blossom.primal.net/80f8ea9b854920942d5ae0ea946c28e5763ac291ea148e09ea65c3605bddf749.pngIf only they'd put that money into BTC those labs where I slaved away as an undergrad would be humming.Source:https://stanfordreview.org/uchicago-lost-money-on-crypto-then-froze-research-when-federal-funding-was-cut/
Too Clever By Half
#lol_academics
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As someone who also has a connection to that school, this is deeply disappointing.... The question I have is "what crypto?" Because if they just bought and Hodled BTC they'd be fine today.
Who's the marketing genius who sold them bags of Fartcoin??
FAFO. There is no second best to #bitcoin
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