This seems like a terrible idea...
...we have some questions.
First, we'll set things up with a bit of background:
Celsius, the crypto lender (who is insolvent - no money, nada), wants to create a new crypto token to repay its debts.
But tokens that are backed by a company's value, are much like shares...
If the company is bankrupt, like Celsius is, the token will be near worthless.
So why would anyone accept it as payment?
That'd be like paying back your debt with Blockbuster stock.
So now, to our questions:
What in the world is Celsius playing at?
Are we missing something?
Finally, and totally unrelated...
Would you still love us if we were worms?
