Usman Salis
A major Dogecoin (DOGE) contributor just sent shockwaves through the crypto community, urging everyone to stay far away from lending products no matter who's offering them.
Mishaboar, one of the most respected voices in the DOGE community, isn't pulling any punches when it comes to crypto lending. The longtime contributor took to X to deliver a brutal reality check that's got people talking across the entire cryptocurrency space.
Why This DOGE (Dogecoin) Insider Says Crypto Lending Is a No-Go
Here's the thing - Mishaboar doesn't think the crypto world is anywhere near ready to make lending safe for regular folks. And honestly? He's not sure it ever will be. The guy's been around long enough to see how this stuff plays out, and he's calling out what he sees as a bunch of "immoral peddlers" running these lending operations.
We're talking about platforms that promise they'll keep your money safe but then either mess up big time or completely blow up. Mishaboar's seen it happen with both centralized and decentralized exchanges, and he's had enough. His take? Until there's some serious changes and a whole lot more honesty in this space, your average person shouldn't go near these lending products. As he puts it, we need way more work before "your grandpa can safely play with crypto."
Dogecoin (DOGE) Community Getting Hit Hard on X - And Nobody's Talking About It
But wait, there's more. Mishaboar's also been calling out something pretty sketchy happening on X. Back in May, he noticed that DOGE accounts were getting suspended left and right - way more than usual. We're not talking about the normal pace here; these takedowns were happening super fast compared to how X usually handles things.
Here's what really got under his skin: when he's reported actual scammer accounts in the past, it took forever to get them removed, even with help from big accounts. But DOGE community accounts? They're getting the boot in no time. Something doesn't add up, and Mishaboar thinks someone's either mass-reporting these accounts or there's someone at X specifically targeting them.
The @BackToTheDoge account even tried reaching out directly to Elon Musk about all these DOGE account suspensions, but crickets. No response at all. It's got the whole community wondering what's really going on behind the scenes and whether they're being unfairly targeted.
Usman Salis
