With the bankruptcy of Ftx, the virtual economy enters the Great Depression phase

In recent years, the US financial market has been driven by so-called technology companies and by so-called virtual currencies. For some months now, technology companies have been showing controversial trendsso much so that they have recorded a sharp fall in quotations, while virtual currencies are in great difficulty – just think of the Ftx cryptocurrency trading platformfounded by Sam Bankman Fried, which filed for bankruptcy last week burning over $32 billion in value. Tech companies – Amazon, Apple, Facebook, Google, Microsoft – have transformed the lives of billions of people. Their impact is comparable to that of the internal combustion engine, electricity, and chemistry of the last century. These businesses were founded and then led by entrepreneurs who became not only immensely wealthy, but pop figures as well.