Everyone is a Liar - Blockchain is Truth - Trust No One

I am writing this as a reaction to reading the SDNY Court Indictment against Alex Mashinsky (Celsius Founder / CEO). I am shocked by what I am reading. There is absolutely no honor in this world. Everyone is a liar, everyone is "faking it 'til they make it", everyone is motivated primarily by greed and self-interest.

Of course there are exceptions. But the above is the rule of thumb. I am sick of seeing people duped by YouTube personalities and influencers, or other public figures who attempt to portray themselves as the "good guys". F**K that!

Mashinsky was first and foremost a LIAR! A Fraud! The indictment goes over several statements he made directly to his own customers, which are 100% flat out LIES, designed to make them invest more money into his sinking ship. Celsius was a failure almost from Day 1. Mashinsky was dumping the native token (CEL) onto his OWN COMPANY!!! while telling the public he was BUYING.

Let me rephrase that for you. Mashinsky was selling his personal CEL holdings (total sold ~$42M USD) right back to his own company (Celsius). He was using customer funds on Celsius (in the form of things like BTC, ETH, etc.) to buy his own shitcoin (CEL) from HIMSELF. Meanwhile, he was jerking himself off on AMA's telling people he was BUYING! telling the public to HODL!

F**k these greedy swine. The next generation of crypto applications and companies need to be held to the BLOCKCHAIN STANDARD. We don't give a SHIT what you TELL us. SHOW US! Use the blockchain and SHOW US WHAT YOU ARE DOING. We have a public ledger for a reason. Any company requesting your investment and your faith has no right to privacy. PERIOD.

SHOW US. SHOW US how the funds are being used. SHOW US where they are deployed. If you can't handle transparency, go open a Smoothie Shop! This is finance, these crypto CEO's are fking nobodies that came out of nowhere. We owe them nothing. They have proven NOTHING. Ten years ago they were flipping burgers. They do not have a reputation to stand on. Stop letting these villains use words instead of evidence.

You don't need to go fully DEFI. You can have something that is a hybridization of CEFI and DEFI, that utilizes the transparency of blockchain, but the security and control of centralization. Blockchain transparency must be part of the mission. We are ignoring the most useful tool we have at our disposal. The next era of crypto companies must adhere to transparency via blockchain, or we will get a new wave of Mashinskys and SBF's.