Premium Only Content

Celsius Crisis Could Cause 'Cascading' Price for Bitcoin, Cryptos Warns Simon Dixon
Stansberry Research
494K subscribers
The crypto lending industry, "has created a 2007-style systemic risk event, similar to Lehman Brothers, but built upon digital hard sound money," asserts Simon Dixon, CEO & Co-Founder BnkToTheFuture.com. He describes to our Daniela Cambone that the crypto lender Celsius was pitched to many people as, "a low risk saving account, when actually in fact, it was a high risk security." Dixon shares how he has been rallying the support of the community surrounding Celsius, by providing "better solutions" for a way forward. A doomsday bankruptcy scenario for the company would cause, "cascading liquidations [of cryptos]," where bitcoin would be unfazed, he continues. "I don't care how low the price goes for bitcoin because the fundamentals never change," Dixon argues. He concludes by sharing a heartfelt reason why he felt compelled to help those affected by the current Celsius crisis, and encourages investors to learn from this situation, "have a long-term perspective, get on the right side of trends."
Learn more about suicide prevention below and navigating through financial difficulties:
American Foundation for Suicide Prevention: https://afsp.org/
SuicideLine Victoria: https://suicideline.org.au/thinking-a...
#celcius #cryptonews #mentalhealth
⭐️ Join Daniela Cambone's exclusive community ➡️ https://danielacambone.com
➡️ Follow us on Facebook: https://www.facebook.com/StansberryRe...
➡️ Follow us on Twitter: https://twitter.com/stansberry
➡️ Follow us on Instagram: https://www.instagram.com/stansberry_...
➡️ Follow us on LinkedIn: https://www.linkedin.com/company/stan...
-
0:19
Discover Crypto
3 years agoBitcoin Price Prediction - Scenario 2
25 -
0:14
Discover Crypto
3 years agoBitcoin Price Prediction - Scenario 1
69 -
0:14
Discover Crypto
3 years agoBitcoin Price Prediction - Scenario 1
84 -
1:39
Crypto Top Things To Know
3 years agoBitcoin Price Forecast 2022
18 -
LIVE
Galactic Gaming Den
6 hours agoFinal Fantasy XIV Dawntrail Raid & Rant
15 watching -
2:22:10
Nick Freitas
3 hours agoChurchill, Franco, and Rhodesia: Rethinking the Villains and Heroes of History
11.1K5 -
13:01
Professor Gerdes Explains 🇺🇦
5 hours agoUkraine in Turmoil: MASSIVE PROTESTS Against Zelensky ERUPT Nationwide
14.6K5 -
1:43:11
Redacted News
5 hours agoBREAKING! TRUMP DECLARES WAR ON OBAMA "TREASON" AS A DEEP STATE RINGLEADER IN RUSSIA HOAX | REDACTED
147K182 -
1:22:13
Michael Franzese
6 hours agoPablo Escobar’s Son Breaks Silence About His Father, Narcos, and The Cartel
43.3K10 -
9:02
Hollywood Exposed
5 hours agoPiers Morgan's Guests ROAST DC's New Superman - It’s A Trainwreck!
15.8K4