Lol, a little uncharitable, though I get where you're coming from.
I never trusted any money with any of these companies because i always thought the risk was being vastly underestimated.
I'd bet there are people in certain situations where the chance to get a bank wire as a loan against BTC capital was very practically tempting (due to the disgraceful immoral AML regulations, mainly).
I don't look down on them, but it was and is a massive risk if you actually care about that BTC.
If you're earning "interest" on your Bitcoin or you took out a fiat loan against your Bitcoin using @CelsiusNetwork, you may have no longer have any Bitcoin.
FUCK THEM! All of those with money in all these crappy Defi systems (blockfi, celsius, wirex, crypto) I hope they all get rekt.
https://i.postimg.cc/cChv041d/you-get-what-you-deserve.gif
Lol, a little uncharitable, though I get where you're coming from.
I never trusted any money with any of these companies because i always thought the risk was being vastly underestimated.
I'd bet there are people in certain situations where the chance to get a bank wire as a loan against BTC capital was very practically tempting (due to the disgraceful immoral AML regulations, mainly).
I don't look down on them, but it was and is a massive risk if you actually care about that BTC.
im convinced that most people cant handle money at this point.
Don't fall for FUD. There's lots of all kinds of FUD going around right now.
Tweet deleted?
Celsius's CEO responded to the rumours:
view on twitter.comI hear coinbase is also having problems
Source?
The source is Coinbase themselves!
Coinbase posts net loss of $430 million for Q1 2022
#27509
https://www.theblockcrypto.com/post/146161/coinbase-q1-2022-earnings-revenue
Not seeing bankruptcy, but some shine being wiped off their VC veneer, certainly!
Well I heard about it from the fact that coinbase borrowed bitcoin from goldman and that they have changed their ToS
Check out this video on Coinbase Black Swan
The source is Coinbase themselves!
Coinbase posts net loss of $430 million for Q1 2022
#27509
https://www.theblockcrypto.com/post/146161/coinbase-q1-2022-earnings-revenue
Not seeing bankruptcy anytime soon, but some shine being wiped off their VC veneer, certainly!