The Irony is that the owners of celsius were holding crypto's they controlled, They sold the crypto and the fiat currency their users held are now unable to be returned to them. This is why the ability to exchange any given asset(selling) is far more important. Yes, they could have held fiat currency in cash in their couch but buying crypto is far better than that because you own the asset, you dont have to mail anyone money and fear law enforcement from asking questions (very possible if you attempt to buy anything expensive in cash, especially by mail) and crypto is safe even if your house burns down and your deposit box gets stolen. But people buying into celsius decided to give them all the advantage of the cryptocurrency protocol and all the risks with lending someone else money.

I'm not even endorsing crypto, Just pointing out how much people misunderstood what the point of crypto even is. No company should receive money for holding your keys unless its dropbox