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'Nightmare': Collapse of leading crypto lender traps investors
- 1vuio0pswjnm7 4y agoIt's shocking to read that some folks have bet the farm on crypto, but maybe I shouldn't be surprised. Regulators have lots of work to do. Bitcoin will crash eventually. But first Binance will fall. These arenot "predictions". This is just common sense. Ponzi schemes have a finite lifetime. When it happens small investors like those in this story are unlikely to get their funds back. Large investors are more likely to be able to absorb the loss. What happens to El Salvador. Staying "faithful" to crypto is only going make the losses worse. The longer you "believe" the more you stand to lose.