I like what Simon Dixon has said. Hope for the

Question

I like what Simon Dixon has said. Hope for the

best. Prepare for the worst. Ppl will either get their money back or they will learn valuable timeless lessons. Maybe even both. Either win or learn. Hopefully everyone is reflecting on their own personal actions and decisions that got them to this point. What lessons did people learn as individuals?

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02.07.2022

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Klaus

Lesson: Human behavior and stupidity are permanent risk factors in everything, because everything is interconnected

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02.07.2022

George

https://twitter.com/Singula59720021/status/1543292278046724096

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02.07.2022

Moloko · Accepted Answer

The problem is not about learning, or at least not entirely. Opposite to TradFi Celsius didn’t have to mandatory disclose financial information or capital allocation and so forth, thus all that was available were Mashinsky statements that even the day before the withdrawals freeze was assuring about company solidity and several disclosure about Celsius “solidity” etc….so apart from some diversification between CeFi platform there were nothing more that we could have done

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