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How the government created Celsius and BlockFi and got everyone rekt: - prevent the free market from accessing bitcoin by blocking etfs and funneling people into gbtc - gbtc starts to trade at a premium to spot Bitcoin - companies start borrowing fake bank credit money from government approved monopolies (banks) to arbitrage the premium by the billions - blockfi, Celsius and other yield companies start popping up to participate in the trade with user funds - when they fucked up, government approved darling and major donor FTX steps in to "save" blockfi - drawing in even more users - when it all collapses, government fines all these companies which use user funds to pay fines EXCELLENT JOB GOVERNMENT, THANK YOU FOR KEEPING US SAFE

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