I was looking at the posts today and noticed that increasingly there are posts like: "stake this -APY 50%, stake that on DeF API 200%. Change my mind or downvote me if you like, but WHERE DOES THE MONEY for this COME FROM? Most likely from suckers who fall into this coming for quick gains. I would like to see a reasonable explanation how this money is created, or if it's made from thin air ? Back in my day, this was the literal definition of a Ponzi scheme and a HUGE red flag.I would like to be wrong as a crypto enthusiast but I fear for the worst, again after 2017.EDIT: just to reiterate, because some people seem to think that I'm a noob, I'm in the space since 2016, and I've seen it all, from ICO's to even Bitconnect (Wassawassa) . My main problem is that here value is being created out of thin air and has no correlation to anything.EDIT 2: I don't really understand the downvotes, i actually think we had a couple of good insights and discussions.
Submitted April 29, 2021 at 06:54PM
No comments:
Post a Comment