Great Depression vs Silent Depression ๐จ๐จ๐จ
Comparing costs of homes, cars, rent and income between 1930 and 2023.
These numbers are incredible.
What went wrong?
๐ โฆ sound on
It's always so much easier for an exchange to simply cut programs rather than work with the SEC, and the SEC is a huge bunch of dorks pretending they're doing something good. Little guy can't have shit. Time to figure out DeFi for real. #krakenfx#crypto#staking
@nypost if someone asked me my origin and I simply said "American", it's understandable they would then reply "well, yeah, but what about before that?" because I'm not explicitly *native* -- it's not an insult.
@kava_platform Annex Finance's twitter account engagement is mostly from bot accounts boosting hashtag usage-- this looks like a scam from the outside. I'm open to correction.
Someone very close to me just lost access to nearly all her savings and she does not know it yet. I trusted platforms like these to risk-assess their own positions and for that I'm guilty. Corporation-driven DeFi was a mistake, and we're all being punished for it.
Hey all ๐
This morning, Donutโs principal lending partner, Genesis, paused withdrawals along with new loan originations.
Hereโs what that means for Donut users:
A lot of Monday morning quarterbacks talking about the #FTXScam. It's good that people are tearing into it to get to the truth, but I think too many people are trying to claim the "red flags" were obvious when they never pointed them out before it blew up. Have integrity.
@BillyM2k I get the assumption that the problem is greedโ is it possible these companies can barely survive with "conservative" practices and require the fast/loose approach to even exist profitably as it stands?