Possible there's more to it, but I'm not a believer.you have a lot of great stuff on this forum, but you've also been here advising against bitcoin since late 2013 . . . but you may wish to consider the possibility that there is more substance to this than you think.
Hmm they have some very interesting deals now and I didn't know it was in CanadaIt's available for Canadians .I got it. so far got the 3% cashback but upgrading soon to the 5% one.
The industry moves so fast it doesn't surprise me PhDs don't get it yetWell I'm young, and I'm a computer scientist, and I worked in cryptography. You're not the only one who doesn't "get it". A lot of this stuff doesn't make sense, even to experts like me.
Our people (not just me, but also PhDs at my last firm) all looked at this stuff, and we basically think it's a kind of convoluted shell game / scam. Lots of techno babble that superficially sounds impressive, but doesn't actually make sense.
The internet began as an academic project heavily funded by the US government, under the ARPA agency, which today is called DARPA. It was an entirely academic project with heavy involvement by seasoned experts across major universities.Trying to apply it to existing professions would be like trying to explain the internet to industry "experts" from the 70s
Seems like the modern equivalent of Amway type MLM direct sales. But instead of a killer deal on skin care products with miracle ingredients sold to friends from their living room, we have sales people promoting in social media and selling discounted ETH from their app. I'm guessing the great returns are not from the underlying value appreciation of ETH but from the intake of new investors. Unfortunately, when the pyramid scheme collapses, latecomers will get burned.Celsius has some new ETH promos today
ETH20 $20 after 90 days for $500 deposit
ETH200 $200 after 90 days for $5000 ETH deposit
ETH600 $600 after 90 days for $20000 ETH deposit
You can stack all 3 promos plus 5.35% up to 30 ETH. Those promos make about 18% effectively on 10 ETH
I tend to use Celsius and Gemini together because both have free transfers. Both have referrals as well
... see post 1163 from sags even though it's a day old news. Not sure if the network is different from the app but the name Celsius is there.I want news.
Well I suspect they'll soon be told "there's no money to see here". As for me, I won't even bother with "I told you so". If they couldn't see it from the start, there's no point in trying to explain.... tell those withdrawing "people" to move along as there's nothing to see there.... and prepare for what they say to you. LMAO.
... fair enough but unfortunately, some of the withdrawing folks will include pensioners and then what? Pensioners don't get to make decisions on what's on their pension plan. Least of all, crypto/derivatives.Well I suspect they'll soon be told "there's no money to see here". As for me, I won't even bother with "I told you so". If they couldn't see it from the start, there's no point in trying to explain.
I'm not sure the usual regulation authorities apply to the Caisse. It's a government entity, set up by a specific set of laws.I wonder if the Quebec regulator is working or asleep on this.