When tokens are very centralized and rug pulls are sudden (insider dumps all tokens in 1 go) - everyone recognizes the dcam. At least, victims get angered and try to go after the scammers.

The most insidious scams are when there is a veneer of decentralization and a slow steady dumping of the shitcoin by insiders on holders.

Here, the victims don’t even realise they are being led to the guilotine. They blame war, supply chains, Putin, inflation…anything. Instead, the lambs even hero worship their shepherds…hoping they get them out of the predicament.

Biggest of which is fiat by the Fed and the central banks of the world.

XRP/SOL/ETH prob a close second…the long cons

#bitcoinNOTcrypto