Celsius to Convert Customer 'Altcoins' to BTC and ETH

This shit is absolutely insane to me.

Honestly, I’m glad all this stuff with the SEC is going down. Customer protection is needed badly in this industry.

One of the reasons I first got into crypto was for the lawlessness of it all. I was transferring large sums from China, beyond China’s legal limits. And I was doing it for free, often making a profit. It was excellent!

Then in 2021, my dad got phished for 3 BTC. That shit was painful. Self-banking is great in theory, but supposedly, so is communism.

I’ve lived in China for a decade and self-banked for more than 6 years. Both have major problems that can quickly turn into a dystopia.

I love this industry. I believe Web3 is the future of the internet. I think we should all be rewarded fairly for our contributions.

I also think scammers should be punished. And disempowered victims should be vindicated.

I know regulation feels like we’ll just get fucked again, and in some ways we definitely will. But the free reign of thieves and assholes needs legal controls, in my opinion.

https://news.bitcoin.com/token-sale-ahead-celsius-to-convert-customer-altcoins-to-btc-and-eth/