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Another One ₿ites The Dust: 'Heavily Regulated' Gemini Crypto Exchange is ₿urning to the Ground! 🔥
How many times do we need to say this? NOT YOUR KEYS, NOT YOUR ₿ITCOIN! Stop storing your coins at Exchanges for a lousy 3% APY!
₿itcoin has risen from $16,200 to $17,571 in the past 10 days! The interest you 'may' earn (if the Exchange doesn't go under) is pennies compared to the price ₿itcoin will be at the end of this year, not to mention the likelihood it will double in value in 2024 following the upcoming 'Halving'.
Buy a Cold Storage Wallet, like a Trezor or a Ledger. MOVE ALL YOUR CRYPTO OFF EXCHANGES AND TAKE SELF CUSTODY OF YOUR COINS! KEEP YOUR SEED PHRASE IN A SAFE PLACE YOU CAN ACCESS NO MATTER WHAT HAPPENS TO YOUR COLD STORAGE DEVICE!
In this video, we discuss how Gemini Earn sourced "yield" from Genesis, which itself sourced "yield" from risky loans to Three Arrows Capital and Alameda/FTX.
The Winklevoss twins created a crypto casino and a toxic yield product (Gemini Earn), and are now seeking to deflect blame by attacking Barry Silbert and the Digital Currency Group.
Barry Silbert has proven himself an enemy of Bitcoin again and again, especially during the blocksize wars of 2016-2017.
The past few months have shown that the biggest thing holding back the industry is not Bitcoin maxis, but rather unscrupulous shitcoiners like the Winklevii and Silbert.
Citations for this video:
Gemini:
https://www.gemini.com/
Winklevii shilling garbage coins:
https://twitter.com/tyler/status/1460281744414806018
and
https://twitter.com/tyler/status/1498749798249340931
Worst crypto rock band ever?
https://www.nytimes.com/2022/07/05/style/winklevoss-twins-mars-junction.html
Gemini is highly regulated lol:
https://www.gemini.com/blog/gemini-is-built-on-trust-safety-and-compliance
Open letter to DCG board:
https://twitter.com/cameron/status/1612806661508567042
MiamiCoin:
https://coinmarketcap.com/currencies/miamicoin/
Original Video by Trader University: https://www.youtube.com/watch?v=Ypkz4cUh0Ns
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