[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 404 KB, 578x720, SR.jpg [View same] [iqdb] [saucenao] [google]
52328819 No.52328819 [Reply] [Original]

https://www.youtube.com/watch?v=aK8RIYO802w

from 59:56 to 1:00:26
>Nexo...they seemed strong, they seemed like they were in a place to be able to weather the storm, but I just want to emphasize... neither david nor myself know for sure whether it's solvent.

from 1:00:59 to 1:01:13
>We are not sure where the next contagion to happen is... We sign these sponsors kind of 3 months in advance, so we have to finish our commitment to nexo. We'll definitely be re-evaluating...

That's what people who are literally ***paid by nexo*** are saying. Top fucking kek.

>> No.52328856

>>52328819
all these platforms like nexo are afloat only because of their native tokens, which are created out of thin air

>> No.52328930

>>52328819
Why all this blind angry against nexo

>> No.52329041

>>52328819
oh boy is it time for the annual "nexo is why link isn't 1000 dollars" time? maybe the bottom is in

>> No.52329049

>>52328930
>Why
Because we're in a business and finance discussion board, and nexo is a centralized platform that offers financial products, in a space where a few centralized financial product providers have gone down hard recently.
>blind
Nexo is centralized and therefore isn't transparent, so from that perspective I agree we're blind. Nexo's "proof of reserves" provided by a centralized entity is not transparent or trustworthy, unlike defi.
>angry against
not angry, just pointing out the obvious.