I assume it’s all just the VC ecosystem juicing each other’s retarded projects and trying to scam a few ignorant folks along the way.
Discussion
Good point. At least they are funding the miners with their stupid games.
Gotta pay to play
The miners say thank you. Sad for the plebs being sucked into participating. At least lessons will be learned.
Indeed. Although I do think these are having a diminished effect over time. Too many painful lessons have actually been learned and the scams are getting tougher to sell.
If you look into the history of penny stocks, crypto scams are the new penny stocks. Penny stocks have been around for hundreds of years before slowing down, mainly because a better platform for scams came with crypto. The illusion of getting rich fast and easily blinds normal people. Sadly, these scams will always find another sucker.
There is no doubt about that. A sucker is born every minute as PT Barnum said.
A nice redistribution.