Source: https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A6997044055088017408
#Crypto #Coins #Worth #Nothing: “They’re All #Equally #Risky” ‘#Ponzi #Scams’! We Asked… Are #Cryptocurrencies the $ 3 #Trillion #Ponzi #Scam?: The guy who saw the #collapse of #FTX coming has a #warning: https://lnkd.in/ggkdX3TS :
#Celsius #Network-#FTX: #Market #manipulation, #billions of #dollars…
https://lnkd.in/gG9D7k6w
We Asked: #Questions arise about the #Intrinsic #Value of ALL #Cryptocurrencies. Do they have ANY #real #value in terms of #Real #Money such as #US #Dollar? Or, is their #perceived #value based on whatever the #cartel of specific #token #holders want to ascribe?
https://lnkd.in/gvXH_mBU :
#Crypto #Worth #Nothing: #Enron, or, Worse: https://lnkd.in/g-Pqt-na :
https://lnkd.in/g_ragPQQ :
This should be a wake up call that, you know, what you thought was worth something is actually not worth anything…: https://lnkd.in/gzzHTzup
LATEST IN-DEPTH
#FTX: https://lnkd.in/g8Se-WZ6 : #Crypto #Fraud https://lnkd.in/gfZHYbvU
The #Golden #Age of #Fraud: “If something about this sounds super dumb and obvious, it probably is.”
I also realized as I talked to #investors in these companies, most of them didn’t even #investigate this stuff. If you’re putting all your #life’s #savings into it, why haven’t you done even the most basic attempt to understand what you’re looking at?… People were calling last couple of years “the golden age of #fraud.”
#Why Are You Giving #FreeMoney?
Something my grandfather said is that nothing is free, and if somebody’s trying to tell you they’re giving you something free, you should ask, “Why me? Why are you doing this big favor?” They sold it as: “We’re doing what the banks don’t do. We’re giving you back all the stuff the #banks are #stealing from you.” “Well, why are you doing that? Why are you being so generous with me?” That’s the question you have to ask.
#Cryptocurrencies Have NO #Intrinsic #Value!! Period!!!
#Bitcoin’s #Decentralization #Myth!! #Nobody Will #Save It!
#RunOnTheBank How #LIQUIDITY Disappears!
It’s a #psychological #thing… It’s the #loss of #confidence this is going to instill in people once they realize that nobody’s going to be able to save it. I would not have my #money in any of them. Why would you want to take that #risk? You should not hold any of your #assets on any of these #centralized #exchanges, and you shouldn’t hold any of the #default #protocols, those are just #piggy #banks for these guys to raid. Then the #market will #collapse. If you must hold #Bitcoin, #Ethereum, put them on your own books so you don’t lose #title to them, as you almost certainly will in any #centralized #entity. YOU CAN’T CONTROL THEIR #VALUE REGARDLESS, as the #token #cartel will till the BIG DUMP or HACK takes it to ZERO! : Latest FTX #Hack $Billion: https://lnkd.in/gHSsNi8Y .
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