Post
Topic
Board Bitcoin Discussion
Re: THIS CRASH IS DIFFERENT than previous crashes... The FEDERAL RESERVE is why....
by
o_e_l_e_o
on 21/06/2022, 07:43:01 UTC
So then why all the song and dance about how this time is different "because tight money" if you think they're going to abandon tight money?  Kind of undermines your whole argument, doesn't it?
Logic never was his strong point.

The bad part is that is where out of control inflation, and possibly hyper inflation of the US Dollar sets in.
Sounds like a great argument to get out of USD and USD based investment vehicles, and in to something like, oh I don't know, bitcoin. Wink

I don't want to put straw on fire, but if people actually read the terms & conditions of Celsius, it was clearly stated that Celsius can/will lend your crypto to third parties.
Absolutely. All these platforms are the same. The next to go I think will be BlockFi, which has Terms of Use nearly word-for-word identical to those of Celsius. And don't forget exchanges like Coinbase, which file legally binding SEC documents stating that all their users are treated as "unsecured creditors". But their CEO made a tweet saying funds are safu, so nothing to worry about! Roll Eyes