Money, Investments and the Economy

Stop

Good thing Crypto is decentralized and you dont need to go through thee Celsius guys to trade in your CEL token.

Oh, wait. That isnt how this works? Oh.

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ā€˜pausingā€™

After all the bullshit spewed about crypto, it is rather funny seeing it collapse in the face of something as 18th century as a bank run

As much as Crypto bros piss me off, the sanctimonious anti-crypto people are becoming just as annoying. I listened to a podcast yesterday that was positioned as ā€œI know nothing about Crypto and im incredibly skeptical, so today Iā€™m talking to someone who thinks he can explain it to me.ā€ I didnā€™t hear the episode as anything even bordering on advocacy, and cannot imagine anyone walking away and thinking ā€œIm going to invest my money in thisā€ yet I wake up this morning to see the guy has been absolutely rolled on twitter for it being an irresponsible episode and pointing to any number of other guests who could have explained the fraud side of it better.

While the overwhelming majority of current applications do seem to be based entirely on fraud, and itā€™s fine, nay appropriate, to acknowledge that, that doesnt mean there arent other conversations to be had. Yet it seems there are a population of people who lose their shit if the totally of the conversation is not ā€œcrypto is a scamā€ even if youā€™re trying to have a different conversation about it.

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Jack Black Reaction GIF

Meh, I guess Im buying the dip

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:see_no_evil:

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Mad at the moment. I have a little crypto which Iā€™m just hodling. Not expecting to become a millionaire of it, thatā€™s for sure but Iā€™m just seeing whether I can ride this out. Thankfully my exposure is really small.

Worth noting that much of the dumping at the moment is down to the whales, hedge funds and the like just trying to save their skins. It will be interesting to see if bitcoin miners start dumping their wallets too. Some may have already.

This isnā€™t the first time in recent years either is it?

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