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49639699 No.49639699 [Reply] [Original]

So what's the deal with Celsius? It offered staking with ~20% return but Eth doesn't even offer staking yet. Was it just a ponzi scheme?

>> No.49639866

>Was it just a ponzi

yes

>> No.49639891

>>49639699
>Mashinsky was bornin Ukraine and moved to Israel as a child.[7][8]

>> No.49640502

>>49639699
>It offered staking with ~20% return
it didn't.

>> No.49640536

>>49639699
>~20% return
yeah, that's either a casino or a scam

>> No.49640718

>>49640502
ok 14%

>> No.49641074

>>49639699
Eth does have staking and you're retarded

>> No.49641110

>>49639699
every service that offers you a yield is a ponzi scheme - including proof of stake projects themselves.

>> No.49641242
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49641242

>>49641110
>every service that offers you a yield is a ponzi scheme - including proof of stake projects themselves.
only having your money on a 0% interest savings account is not a scam

>> No.49641283

>>49639699
>Was it just a ponzi scheme?
Yes

>> No.49641330

>>49639891
Oy vey anon, how is this related to this?!

>> No.49641360

>>49641242
It's true tho.
The difference is that banks rarely seize people assets. Low risk, low reward.

>> No.49641362

>>49639699
>It offered staking with ~20% return
20% return in what? in staked crypto or in something they can mint themselves?

>> No.49641363
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49641363

They were using customer funds to stake LUNA and offering customers a % of that supposed "profit"

>> No.49641492
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49641492

>>49639699
>somebody, not a bank, online says "send me your crypto and I'll pay you 20%"
>better rate than a irl bank that struggles to give 1%
>was it just a ponzi?

>> No.49641544

Bear market will finally end the defi and nft "art" meme.