Good morning! This morning I talk about Celsius Network and Coinjoin. Celsius is a centralized crypto lending and savings platform. Basically a crypto bank that gave good interest rates for storing your crypto on there and allowed user to use their crypto as collateral for a loan. Those days are now over for the unaccredited investors. All good things come to an end and time to move on in my view.
Then, the conversation with myself led to Coinjoin and the need for privacy in light of the regulation, which in turn led to doing a quick look at Samourai and Wasabi wallets.
Sources:
https://www.coindesk.com/business/2022/04/12/celsius-bans-us-non-accredited-investors-from-earning-crypto-rewards/
https://compassmining.io/education/why-the-bitcoin-mining-debate-is-so-dysfunctional/
https://coinjoin.io/en
https://www.investopedia.com/terms/c/coinjoin.asp
https://www.investopedia.com/terms/d/data-anonymization.asp
https://www.coindesk.com/markets/2019/08/06/a-battle-between-bitcoin-wallets-has-big-implications-for-privacy/
https://samouraiwallet.com/
https://wasabiwallet.io/