Thin Air as an AssetFTX the bitcoin company is roiling the markets today by going belly up and in Chapter 11, bankruptcy that is. And what about the unit holders who had invested millions of dollars in this outfit? Do they get anything for their lost investment, assuming there are some real assets that can be auctioned in a market? Not likely. Tough luck all you millionaire hopefuls out there who were sold on this snake oil and bitcoin pipe dreams. Now the only real assets left is the thin air these bitcoins trade on. I assume all these losers are rich speculators who were hoping to get richer. Let us not shed any tears for them. Good riddance of their wealth. At least if WCP goes belly up we can fill a few barrels of crude and take home for heating. With the bitcoins what can we do? Nothing