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They attack banks as being poor investments, and position themselves as the modern way to get better yields https://twitter.com/mashinsky/status/14308749846925
by JimmyRuska 4y ago
They attack banks as being poor investments, and position themselves as the modern way to get better yields
https://twitter.com/mashinsky/status/1430874984692555781 https://twitter.com/mashinsky/status/1430874984692555781
- hotpotamus 4y agoI used to think all these guys were brilliant predators. I've updated my thinking in that I allow for the possibility that some are dumb predators but I can't tell the difference.
- JimmyRuska 4y agoIt's a ponzi. The goal is to grow as fast as possible before a liquidity crunch makes you go insolvent. But the main goal was always to get that payday after bankruptcy steals the user funds.
- JetSpiegel 4y agohttps://twitter.com/CelsiusNetwork/status/1536169010877739009#m https://twitter.com/CelsiusNetwork/status/153616901087773900... > @CelsiusNetwork is pausing all withdrawals It's the CIIIRCLE of LIFE!