/biz/ - Business & Finance

The Crypto Crash: all Ponzi schemes topple eventually Anonymous Sun Jun 19 19:28:41 2022 No.49823397 [View]
File: 330 KB, 1268x1134, Screen Shot 2022-06-19 at 12.28.27 PM.png [View same] [iqdb] [saucenao] [google]

https://www.theguardian.com/technology/commentisfree/2022/jun/19/the-crypto-crash-all-ponzi-schemes-topple-eventually
> One week ago, as cryptocurrency prices plummeted, Celsius Network – an experimental cryptocurrency bank with more than one million customers that has emerged as a leader in the murky world of decentralized finance, or DeFi – announced it was freezing withdrawals “due to extreme market conditions”.
Real economists have predicted this crash and are still laughing at you /biz/. How are you coping?

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