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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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50640952 No.50640952 [Reply] [Original]

Here's why

>DeFi
'Centralised' through the sheer number of wash trading and VC activity going on.
>Celsius
Literally centralised.

Smart money doesn't waste time obsessing over semantics and splitting hairs, it simply avoids scam.

Dumb money was busy reading whitepapers and justifying why Celsius is a sound investment because they're 'backed' by 'real' money.

topkek

>> No.50641023
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50641023

>>50640952
Extremely bearish for cⱨainstink.

>> No.50641045
File: 273 KB, 668x778, 8 apy on stablecoins Celsius.png [View same] [iqdb] [saucenao] [google]
50641045

>>50640952
>8% apy on stablecoins

>> No.50641143

https://aithority.com/technology/cryptocurrency/celsius-network-and-chainlink-form-long-term-partnership-to-create-superior-financial-platform-through-decentralization/#:~:text=Celsius%20Network%20%2C%20the%20industry%2Dleading,market%2Dleading%20decentralized%20oracle%20network.

"This deep partnership serves as a key way to further Celsius’ overall decentralization through the use of Chainlink’s world-class decentralized oracles. It enables Celsius to move towards a new level of security and reliability using Chainlink’s unique approach to decentralization. Chainlink will also use Celsius’ highly secure and innovative treasury management solution for its BTC and ETH cryptocurrencies. This allows Chainlink to benefit from the crypto rewards available through the Celsius interest income platform. More details about the integration to be released in the coming weeks."

>> No.50641147

If you're in LINK Tether Up. Market will correct.

>> No.50641149

>>50640952
>Reddit spacing
>Doesn't understand distinction between De and Ce Fi
Faggot, op is a faggot

>> No.50642120

>>50641149
Thanks for lacking basic reading comprehension

>> No.50642397

>>50640952
Youre saying defi is basically centralized because the majority of money was just from cefi/vc niggers. Are you retarded, that just means we're early as shit that vc's and cefi exchanges are able to whale the protocool.

Youre basically saying since they got wiped out (note these defi protocools still exist even after the massive happening the last month) nows a good time to ape in and be "early" once again.

Jesus op why are you retarded?

>> No.50642422
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50642422

>>50642397
If you're agreeing with me, how am I wrong

>> No.50642452
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50642452

>>50642422
bsc casino season?

>> No.50642525

>>50642452
I don't know what the market is going to do next

>> No.50642869

>>50642422
You’re retarded that’s just cefi devs and vcs putting money into defi. Doesn’t mean cefi is defi retarded. That’s like saying if Mac developers purchase a ton of Microsoft computers apple is Mac. Jfc

Also nice accidental samefag kys nigger

>> No.50642923

>>50642869
I didn't samefag you colorblind moron.
I made the mistake of thinking you understood the OP.
You're as dense as the rest of the retail luddites here.

>> No.50642947

>>50640952
Never trust a jew or a psychopath.