Name: Lending Platform BlockFi is About to Collapse | EP 516
Uploaded: 2022-06-27T16:15:09+00:00
Duration: 58 min 2 s
Description: ► Lending Platform BlockFi is About to Collapse. Looking back, were there red flags? What were they? We examine a few articles and pointers that may have helped clue everyone in on the fact funds are

3 years ago

112

► Lending Platform BlockFi is About to Collapse. Looking back, were there red flags? What were they? We examine a few articles and pointers that may have helped clue everyone in on the fact funds are not SAFU no matter how good, safe and trustworthy it sounds.

► As the Bitcoin Fiat price cools off we are seeing more than just retail investors feeling the sting. We dive into how miners and their lenders may have over leveraged themselves and what the possible outcomes could be.

✔ BTC Stats:
► https://bitnodes.io/dashboard/7y/
► https://twitter.com/glassnodealerts/status/1540549228828688391?s=21&t=6DEN2ZzUAH9QfraLVEsSjA
► https://twitter.com/glassnodealerts/status/1540715366959030273?s=21&t=6DEN2ZzUAH9QfraLVEsSjA
► https://twitter.com/glassnodealerts/status/1540579420456493056?s=21&t=6DEN2ZzUAH9QfraLVEsSjA

✔ Daily Fail:
► https://twitter.com/_pretyflaco/status/1540835461903667203?s=28&t=Y0MUI_cWPsT9KWbrHgVkIQn
► https://twitter.com/coryklippsten/thread/1540822218015473666
► https://blockfi.com/an-introduction-to-rehypothecation-with-cryptocurrency
► https://newmoneyreview.com/index.php/2022/02/14/blockfi-lied-to-retail-clients-about-lending-risks/
► https://twitter.com/noiseycomputers/status/1540305267346198528?s=21&t=3gSyfFthHjnsbxphW95ckQ

✔ BTC News:
► https://finance.yahoo.com/news/bitcoin-market-meltdown-prompts-fresh-093000754.html
► https://news.bitcoin.com/ecb-chief-lagarde-crypto-and-defi-could-pose-real-risks-to-financial-stability/
► https://www.bloomberg.com/news/articles/2022-06-24/almost-4-billion-in-bitcoin-miner-loans-are-coming-under-stress

✔ Software Releases: Mercury-wallet 0.7.4 Released
► https://github.com/layer2tech/mercury-wallet/releases

✔ Bear Market Diaries: http://simplybitcoin.news/

✔ Check out our Sponsors, support Bitcoin ONLY Businesses:

✔ Crypto Cloaks: ► http://www.cryptocloaks.com
► For all of your 3D printed needs: Bitcoin Node Cases, Lightning Network Code Cases, BTC keychains, coasters, 3D Printed Honey Badgers, wallet mounts and a whole lot more !

► USE PROMO CODE 'SIMPLYBITCOIN' FOR 5% OFF THE CRYPTOCLOAKS.COM STORE!

✔ Citadel21: ► https://www.citadel21.com
► A Bitcoin cultural zine. Bitcoin culture is rich and varied. It contains a multitude of voices, opinions and flavors. Only 1000 of each volume are made.

✔ Swan: ► https://www.swanbitcoin.com
► Swan is the best way to build your Bitcoin stack, with automated Bitcoin savings plans and instant purchases. Serving clients of any size, from $10 to $10M+

✔ CypherSafe: ► https://cyphersafe.io
► When you’ve decided to be your own bank and hold your bitcoin yourself, it’s time to create a physical backup to protect those keys and your bitcoin. CypherSafe offers a full line of physical stainless steel products to help you protect your bitcoin from various modes of failure.

✔ Represent Clothing: ► https://www.representltd.com
► Check out Represent LTD’s full clothing line including collabs, originals & collections. Super comfortable, great fit and Style, there is something for everyone: hoodies, tees, tanks, jackets and more!
It's your life...represent accordingly.

► USE PROMO CODE SIMPLY-BITCOIN FOR 10% OFF ANYTHING IN THE REPRESENT CLOTHING STORE!

✔ NODL : ► https://www.nodl.eu
► Running Bitcoin, just like in Hal Finney's legendary tweet. Use all the Lightning features thanks to your always on device. Easy to Use, Everyone can run a NODL. Privacy focused.

✔ Join our Telegram, Give us Memes to Review!
► https://t.me/TheSimplyBitcoinChannel

✔ Follow Us!
► https://twitter.com/SimplyBitcoinTV
► https://twitter.com/BITVOLT7
► https://twitter.com/Coinicarus

✔ Special Thanks to these Awesome Bitcoiners:
► https://bitcoin.clarkmoody.com/dashboard/
► https://t.me/nobullshitbitcoin
► https://twitter.com/DocumentingBTC

✔ Descriptions & Thumbnails by, Meg:
► https://twitter.com/btcmeg

► We are a proud supporter of Bitcoin only businesses.

⚡️ [email protected]

DISCLAIMER: All views in this episode are our own and DO NOT reflect the views of any of our guests or sponsors.

Timecodes:
0:00 - Intro
1:00 - BTC Stats
9:39 - Daily Fail
33:25 - BTC News
50:03 - Meme Review
55:44 - Software Release

#Bitcoin #BitcoinDailyNews #BitcoinDailyRecap

Loading comments...