1 year ago

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In this video, I discuss the ongoing contagion from the FTX implosion, including the fate of FTX US and BlockFi halting withdrawals.

As I've argued for almost 2 years, it doesn't make any sense to me why anyone would risk their Bitcoin in exchange for a measly 1-6% yield.

People who left their money on BlockFi are waking up this morning to discover that they may now not be able to get their money back.

I also discuss Michael Saylor's great quote: "We (Bitcoiners) feel like we're trapped in a dysfunctional relationship with crypto."

Not investment advice! Consult a financial advisor.

Are BlockFi, Celsius, or Gemini Earn Safe?
https://www.youtube.com/watch?v=NzCeC...

BlockFi:
https://blockfi.com/

BlockFi and Voyager Bailouts (Is Your Money Safe Now?)
https://www.youtube.com/watch?v=AQEJ7...

BlockFi Now Going To Zero?
https://www.youtube.com/watch?v=3xy11...

Crypto Casino Implodes (Is Your Money Gone?)
https://www.youtube.com/watch?v=xkxlL...

Flori Marquez tweet:
https://twitter.com/zachxbt/status/15...

Crypto Lender BlockFi Pauses Withdrawals in Wake of FTX Collapse:
https://www.coindesk.com/business/202...

SBF on FTX US:
https://twitter.com/SBF_FTX/status/15...
https://twitter.com/SBF_FTX/status/15...

FTX US may be in trouble too:
https://twitter.com/AutismCapital/sta...

FTX US Warns of Trading Halt Hours After Bankman-Fried Says It's '100% Liquid':
https://www.coindesk.com/business/202...

Michael Saylor on CNBC:
https://www.youtube.com/watch?v=Ql4ii...

Bankless guys have removed .eth from their Twitter bios:
https://twitter.com/DzambhalaHODL/sta...

Is Ethereum next?
https://twitter.com/saifedean/status/...

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#ftx
#blockfi
#crypto

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