Crypto Desperation

Crypto Desperation


Bienvenidos mis ositos, tu siempre eres mis queridos! (Welcome back little bears you are always my dears!)

Publish0x Troll: Hey Panda, What are you doing on my Grandma’s couch?

Panda: Can you keep it down, I had a rough night.

Publish0x Troll: But you’re a fat lazy panda what could you possibly be doing that makes you so tired?!?

Panda: The bank foreclosed on my house after gambling on cryptos. You think I’m crashing here for free? I have to do “chores” around the house.

Publish0x Troll: That doesn’t answer my question! Why do you look so worn out?

Panda: Well, I was trying to protect your feelings but after cleaning the gutters Granny made me perform “auditions” on this casting couch…

Publish0x Troll: Casting couch???

Grandma: Oh my sweet Grandchild has come for a visit! Please leave the poor Panda alone. He’s been working very HARD. I’m afraid I kept him UP all night!

Publish0x Troll: Grandma, why are you wearing a school girl outfit?!?

Grandma: Oh sweetie, don’t you worry about that.

Publish0x Troll: What is going on here?!?

Panda: <whimpers>

Publish0x Troll: Normally, Panda starts pandering to his readers for tips right about now. Something’s not right here. What secret are you guys keeping from me?

Panda: Please stop asking questions, you won’t like the answer…

Grandma: Well, I suppose Troll is all grown up now. He’s going to find out one way or another…

Publish0x Troll: What is it Grandma? I can handle it.

Grandma: Don’t forget to put on your tuxedo Panda, we have to do roleplay content for my OnlyGrans account.

Publish0x Troll: Aaagh!!!

Dear readers, this is what happens when you have an irresponsible allocation to digital assets.

Most of you think this is a joke, but sadly this satire is loosely based on real events from 2022.

Some people placed too much trust in the crypto industry.

These firms bought stadium naming rights, expensive Superbowl commercials, and were on the cover of magazines.

They looked LEGITIMATE.

However it’s only during bad times when you really understand the character and motivations of people.

I might be too kind in describing them as people. They’re monsters that stole from naïve but hardworking folks that believed in a crypto future.

Even “safe” firms regulated by the NYDFS (New York Department Financial Services) have been toppled.

Now a lot of money is locked up somewhere waiting to be released but only after lengthy courtroom battles.

The crypto industry doesn’t add up. You put two and two together only to get ZERO.

If you’re lucky you might get back twenty cents for every dollar put in.

It’s sad when working class normies resort to performing lewd acts for basic needs money.

Christmas 2022 was depressing, I was walking through a department store near the toy aisle. I overheard a daughter asking her father for a doll. The reply stung:

“Daddy can’t afford toys this year sweetie”

Now I don’t know the source of this family’s struggle but I know for a fact families across were hurt by sham CeFi operations.

CeFi operators were mostly scumbags, at best they lacked basic risk management at worst they outright thieves.

If there’s any justice left in this world, they’ll all be thrown in jail. And not white collar jail either. REAL jail where you’re afraid of dropping the soap…

If you also lost money in addition to the “regular” crypto winter losses you have my sympathies.

Hang in there frens, at some point the bull market will return.

Obviously none of this is formal financial or tax advice. You need to find qualified professionals in your jurisdiction.

Be sharp, stay hungry let’s get that money!

 

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Suerte Panda
Suerte Panda

Fuzzy Defi Enthusiast


How to transition from TradFi to DeFi
How to transition from TradFi to DeFi

The easiest way to convert DeFi infidels is to show them modern versions of TradFi services that they already use.

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