@singhabhinav@WatcherGuru It won’t, just a matter of time before it falls like the rest of the shitcoins.
Hint; if you want to buy digital usd, open a cheqings account, not an unregulated bank
When Ethereum collapses, the wealth destruction, the lives destroyed, and the anger of those affected will dwarf what we're seeing with the current FTX debacle.
And
it
is
entirely
predictable.
Since the majority of centralised crypto platforms are pausing withdrawals or are going bankrupt I think it’s fair to say almost everything but #bitcoin is a ponzi…
FTX is the opposite of #Bitcoin#Bitcoin ’s protocol was created precisely to prevent Ponzi schemes, bank runs, Enron’s, WorldCom’s, Bernie Madoff’s, Sam Bankman-Fried’s…
…bailouts and wealth reassignments.
Some understand it, some not yet.
We’re still early.
🌎/21m
@MihaiDoboga@daniel21btc No unification, crypto Ponzi schemes with centralized ceos doing the same thing a website can do trading for 50 Bill dollar market cap because people want to get rich quick destroys the reputation of #bitcoin