loud and let Alex and Celsius hear it!
I'd rather wait and see all the cards first. No sense to just jump immediately on any solution offered.
Yeah, I'd like to see the differences between the Celsius solution and the Bitfinex solution. For Bitfinex, they needed people to trade for long-term health of the platform (i.e. they make money from trading fees). With Celsius' current business model, they'll need people to keep assets on the platform which seems like a bigger challenge to overcome compared to Bitfinex.
Well we are prepared to do that and maybe even if they limit withdrawals to 1500 dollars per month , what do you think
I'm not sure what the exact withdraw limits should be and how that should be implemented but it definitely seems like that would be required. For me, I'm not sure what I would do as far as keeping assets on the platform long-term. Part of me wants to leave the assets on the platform because I believe in the vision of the company. The other part of me has been so stressed this last week (given I had too much of my life savings on the platform) that I would want at least 50% of what I have on Celsius in cold storage instead.
Hey Chris, if Celsius introduces realtime proof of reserves (like nexo) and adopts a security first approach, outlining the steps it has taken to make itself the safest yield generating platform in the industry, and replaces Alex with a top CEO from the world of finance then it might just stand a chance
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