Re:The biggest crypto lending company is a ponzi scheme
by TimJRobinson on Thursday December 09, 2021 @10:04PM
(#29505981)
How are you so confident in something you clearly don't understand.
Celsius is not decentralized finance and does not represent crypto, it is a centralized opaque company which is literally the opposite.
Decentralized Finance is all open source and transparent, everything is written to a public blockchain and almost every piece of infrastructure you can go and look at the source code yourself.
It's a far better system than anything we've built so far because it's available for all to see the inner workings.
I'm surprised hacker news, a place that's supposed to be about intellectual curiosity, has been so ignorant and dismissive of this revolution underfoot for so long.
Celsius is not decentralized finance and does not represent crypto, it is a centralized opaque company which is literally the opposite.
Decentralized Finance is all open source and transparent, everything is written to a public blockchain and almost every piece of infrastructure you can go and look at the source code yourself.
It's a far better system than anything we've built so far because it's available for all to see the inner workings.
I'm surprised hacker news, a place that's supposed to be about intellectual curiosity, has been so ignorant and dismissive of this revolution underfoot for so long.