Facts: 1. The Winklewii were always just as big of an assholes as Zuckerberg. 2. Just because you got lucky and became a billionaire that doesn't mean you know how to time the market. https://www.dailymail.co.uk/news/ar...en-richest-lose-114-BILLION-seven-months.html They and five other billionaires who made their riches on cryptocurrency lost a combined $114 billion Changpeng Zhao, 44, the founder of Binance, has now seen his personal fortune - once the world's 11th largest, fall 89 percent to $10.2 billion, and Sam Bankman-Fried, the 30-year-old CEO of crypto trading platform FTX, has seen his fortune decline 66 percent since it peaked at $26 billion, according to Bloomberg.
I'm very confused. So you're telling us that these two multi-billionaires (each), are just very stupid idiots, because, despite a once-in-a-millenial event disease epidemic, hit by inflation, hit by stagflation, hit by a war in europe, etc, etc, etc. all at the same time- How dare they not be trillionaires? Is that what you are trying to say?
These guys cant cash out at the top without blowing their cover. You never know, maybe their hunchback uncles got short size.
I hope Bitcoin/cryptos never recovers. And gets, instead, replaced by something official from the Governments. I love bubbles, and hate people/humanity ...observing their dumb, excitable, weird, impure behaviors.
I hate to burst your bubble, but De-Fi is not going anywhere. The world may keep burning, even banks may go under, but DeFi is here to stay. Next year has a higher chance of a few developments over-taking NFTs even.
Don't stop believing Mother-of-all-TulipMania is coming. Always believe BTC will drop from 5 to 4 to 3 to 2 to just 1 digit. But some people believe BTC will increase from 5 to 6 to 7 to 8 to 9 .... digits. That's fine. JUST DON'T STOP BELIEVING.
wrong, if banking sector goes down, we all are screwed. Nothing will matter. You know crypto does not exist in cloud. Crypto requires robust internet and data centers.
What is De-Fi besides pyramid schemes with random staked coins that get rug pulled. This is a genuine question. Only thing of note that I like is DAI but it runs on ETH and is a pain in the ass to buy. Edit: Also DAI is not privacy preserving. So crypto sucks.
Dai is available on Gemini, Coinbase, and Kraken, why is it a pain in the ass to buy? It's also on Uniswap There's talks of a stablecoin going to the Lightning Network, that might be good enough for you, re: privacy