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:
Bitcoinaire19896 - 7 years account age. 88 - 175 comment karma.4 months ago
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.