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Will Crypto and DeFi Collapse With Binance?

With all the headwinds in the crypto markets today, is it realistic that Binance will suffer the same fate as FTX, Celsius, Voyager, BlockFi, Vauld, Hodlnaut, Three Arrows Capital, Alameda Research, and others?

Scott Debevic
8 min readDec 14, 2022
Photo by Micah Williams on Unsplash

It was my first job out of college, and I was required to wear a suit to rent cars. The job was not enjoyable. I worked long hours, had to wash cars by hand, and dealt with the public. The pay was shit, and I was miserable. But I was a competent worker. I showed up on time, upsold the optional insurance like I was supposed to, and followed orders like a good soldier.

At this particular company, they baited people like me with a carrot of career advancement. You started at the bottom and could climb to the top with hard work. I went along with it for one year when my career path hit an impassable roadblock.

I arrived in the office Monday morning, and my manager and area manager called me into the office. They were both men. They started asking me about what I had done over the weekend. Then, they asked me why I called my assistant manager, Katrina, and left an obscene message.

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Scott Debevic
Scott Debevic

Written by Scott Debevic

My goal is growing wealth and earning passive income. Mainly focused on Bitcoin and crypto. Feel free to contact me at: scottdebevic@gmail.com

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