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
Create or die, imma creator till I die ⚡️⚡️⚡️🫶🏼
Keep it up community, footwork is the only way to accomplish progress. 🏃🏼♂️
#nostr
#bitcoin
#existing
#creating
#motivating
#doleygang
Create or die, imma creator till I die ⚡️⚡️⚡️🫶🏼
Keep it up community, footwork is the only way to accomplish progress. 🏃🏼♂️
#nostr
#bitcoin
#existing
#creating
#motivating
#doleygang
Fear is a bad habit. You must learn the habit of courage. Stand up for what ours what is right and just. Do not be afraid. We are going to win.
#bitcoin
Fear is a bad habit. You must learn the habit of courage. Stand up for what ours what is right and just. Do not be afraid. We are going to win.
#bitcoin
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