Usually, when they meet - remote or in person - people always, invariably, ask if the others are okay. If everything is in order in that life. If life is good or at least controlled.
As always, out of politeness, we have to decline a first offer of food in a strange house - because often the offer itself is also education - these answers, unless you have intimacy, serve to have a frivolous comment, to disguise the initial tension of any conversation - especially serious ones.
A principle of non-involvement is: "don't ask not to be part of the problem!"
It's another point of view. Thinking in this way, however, will not make the problem go away, it will only mask, in your consciousness, temporarily. If you have to be part of the problem, sooner or later the problem will catch up!
This is basically what has been happening with bitcoin: used as a reference for almost all brokers and for almost all transactional references, almost like the cryptocurrency dollar, what happens to bitcoin - whether or not you have bought bitcoin - will reach you.
Right now, since the beginning of May, more than 4,000 tokens have crashed! 2 thousand DefI evaporated!
In two months.
In other words, how many tokens are born from brokers that based their entire asset base on bitcoin conversion - maximum example: binance - and launched tokens based on bitcoin. Bitcoin fluctuations have sunk tokenized funds, failing to pay them all and seeing a capital flight for more stable cryptocurrencies such as Ethereum or Litecoin.
Of course this only highlights a subspecies of ponzi scheme....but let's leave that for another analysis.
Fact that many tokens are gone, many excuses for the telegram, dropped pages, no access, not even VPN, to be able to withdraw.
To make matters worse, on pancake, or on Uniswap, to cite just two examples, the cost of transfers skyrocketed.
These tactics: lack of communication, lack of access to assets for a fixed period of time, increased transfer costs, offers for other less valuable assets, write-off of deposited capital and lame excuses have been a bankruptcy practice since 1670. Since the time of the tulips! !!
In other words, any solution in bitcoin will break more and more tokens. It will make the DefI decapitalize until they re-centralize to capitalize.
Notice, these things are happening.
Speculative attacks on tokens with more capital fund, for example, occur because they force an abrupt rise in interest - clear mechanism of burning stock, to artificially alter the supply-demand balance, then abrupt fall. Whoever buys in the shallows will win, selling high, before the token explodes.
It's happening right away!
DefI promise algorithms for security, change in valuation and automatic recomposition, in addition to having financial balances. Then the bitcoin splashes and sobs down and these "guarantee" algorithms fall apart!
Many brokers, because of this, are being blocked in several countries. The etoro and the binance are examples of this lack of clarity!
I'm not even going to talk about kucoin or coinbase, which this week changed the minimum deposit and in order to withdraw, in addition to raising rates: clearly to try to insure capital - which does not belong to them - by drawing lots in case of deposits of a certain value , in the best sequence: buy here thst i give to you a free candy!
And so we go, with everything under control, all in order, all on track!
Take care this week, a lot of volatility ahead!
Time and insight, plus knowledge, can make sure you don't miss out!
Welcome aboard the train!
