@cpp_mike@PrestonPysh I remember well @PrestonPysh explaining precisely all the undercollateralization, counterparty risks associated with lending platforms and exactly what is currently unfolding at BlockFi/Celcius/etc, and saying this below. Ref pod w/ @johnkvallis at 1h29m
https://t.co/lF3Fu2kVpn
@PrestonPysh@RolandStautz@DocumentingBTC Was just about to tweet this : "Great respect for Dalio, but it's weird how he seems to equally understand and not understand Bitcoin at all..... @PrestonPysh any thoughts on this?"