Just read last week's blog post by @CryptoHayes and it's really phenomenal. Concisely articulates why demand for crypto lending is and (for the forseeable future) will be limited to very niche crypto-native purposes. https://t.co/pCINp5MBwp
RT @Narodism: In 2012, Bitcoin was widely called an elaborate ponzi. People calling DeFi scam are ignoring the experimentation happening which is leading to an emerging proto-banking infrastructure being created. Try and understand.
Important article by Arthur Hayes:
Arthur Hayes, the biggest con man in crypto. He is getting desperate now that people don't need to use his scam exchange (the UK FCA listed Bitmex as a scam. given that they would trade against customers and manipulate the market against them. Wonder how he has avoided jail.