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My Friend Lost Money in Celsius and Why it Pissed Me Off When I Found Out

"Crypto" and "Lending" do not belong in the same sentence. Bitcoin is anti-central banking. Any attempt to make the crypto ecosystem like the central banking ecosystem will fail. Any attempts to replace the other attempts for the other will spell problems. You cannot be doing fractional reserve with crypto. It is an ideological and philosophical idea that central banking ideas into crypto will fail. It is like someone pouring sand into your food in crypto's sand. It's the same way someone is pouring your food into your sand. Read All

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