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Bitcoin Maximalists Were Right
𝐋𝐄𝐀𝐑𝐍 𝐓𝐎 𝐁𝐔𝐘 𝐀𝐍𝐎𝐍𝐘𝐌𝐎𝐔𝐒 𝐁𝐈𝐓𝐂𝐎𝐈𝐍➜➜➜
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In this video, I discuss how critics of "Bitcoin maximalism" are looking quite foolish now, after criticizing Bitcoiners for trying to steer people away from "crypto." Anyone who got out of "crypto" before the recent FTX blow-up is feeling quite grateful at the moment.
Pushers of DeFi are also trying to spin the situation, to distract people away from how centralized and controlled the DeFi ecosystem still is.
I talk about the ongoing problems and sketchy past of Crypto.com, as well as the de-pegging of wrapped BTC and wrapped ETH on Solana.
Bitcoin maximalists have been proven right, and will continue to be proven right.
Bitcoin is the original decentralized finance (DeFi).
Not investment advice! Consult a financial advisor.
Those toxic Bitcoin maximalists:
https://www.coindesk.com/layer2/2022/...
Trying to warn people about BlockFi:
https://twitter.com/ob_hodl/status/15...
Crypto Casino Implodes (Is Your Money Gone?):
https://www.youtube.com/watch?v=xkxlL...
Crypto.com appears quite incompetent:
https://cryptonews.com/news/cryptocom...
https://twitter.com/kris/status/15916...
Kris Marszalek has a questionable past:
https://twitter.com/VersusBtc/status/...
https://www.techinasia.com/ensogo-cus...
Bankless guys trying to spin this disaster:
https://twitter.com/RyanSAdams/status...
https://twitter.com/RyanSAdams/status...
DeFi does not have "decentralization roots":
https://twitter.com/notgrubles/status...
Lots of pre-mines and pre-sales:
https://miro.medium.com/max/1400/1*Ta...
Wrapped BTC and wrapped ETH on Solana depeg:
https://thedefiant.io/solana-btc-eth-...
https://www.coingecko.com/en/coins/wr...
https://www.coingecko.com/en/coins/wr...
Ethereum validators enforcing OFAC censorship:
https://www.mevwatch.info/
MakerDAO Votes to Custody $1.6 Billion in USDC With Coinbase:
https://decrypt.co/112808/makerdao-cu...
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.
#bitcoin
#crypto
#defi
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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