EddieJayonCrypto
18 Jul 22
• Plaid is offering read-only crypto tools to their platform• Whistleblower says Celsius CEO has been lying• India could go where I always thought it would, absent the Cryptoverse• Robert Kiyosaki thinks Central Bank Digital Currencies are the purest form of communismLet's get it started this week! ...
• Plaid is offering read-only crypto tools to their platform• Whistleblower says Celsius CEO has been lying• India could go where I always thought it would, absent the Cryptoverse• Robert Kiyosaki thinks Central Bank Digital Currencies are the purest form of communismLet's get it started this week! The stock market is expected to open up today. The Cryptoverse is really close to an upward explosion. Here is what is on my mind today.1. Plaid is one of the new banking platforms and is making some noise with a new crypto read-only feature. Some may think this is not a big deal. I, on the other hand, think this brings a serious level of convenience to Plaid's customers. They would have the ability to see their whole financial picture in a some place. Think about all of the services out there that consolidate your view of your Cryptoverse. I have thought for a while those services would begin to be offered by traditional firms. 2. So according to Otteroo, and investigative journalist, there is some reason as to why Celsius may not want to show it's financials. Otteroo claims there are a list of lies that were told by Alex Mashinsky, CEO of Celsius. Otteroo goes on to claim the bankruptcy may not stem from the Terra/Luna crash, but from business practices. That would not surprise me given the lack of transparency. I keep reiterating that when you do your own research it must include research into the people behind the idea. Do they make sound decisions? 3. In yet another move that India is considering the Cryptoverse may not even exist in the country if their central bank has anything to do with it. The Finance Minister, Nirmala Sitharaman, says the Reserve Bank of India is keen on banning cryptos altogether. Wow, people! Just wow! 4. The Central Bank Digital Currency conversation is heating up with Robert Kiyosaki saying CBDCs are the purest form of communism. I am not sure I would go that far, but I do agree the moves are very much signs of flailing nations freaking out about losing control of the financial markets. Imagine a world where finance was truly global, where people have 100% control over their own assets. Most importantly the dismissal of unnecessary fees. That level of financial freedom has not existed in modern times. Instead we have the constant hammering of ordinary people by big business.