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Crypto is not without its scams - Terra...flop
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Topic: Crypto is not without its scams - Terra...flop (Read 251 times)
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Libertas
Conservative Superhero
Posts: 64006
Alea iacta est! Libertatem aut mori!
Crypto is not without its scams - Terra...flop
«
on:
May 13, 2022, 12:35:00 PM »
Today, however, cryptocurrency teams take but a couple of years from idea generation to a minimum viable product, not enjoying an organic growth in favor of huge amounts of capital that disproportionately favors insiders at the expense of the regular user.
https://www.zerohedge.com/crypto/what-terras-hyperinflationary-collapse-teaches-about-crypto-bitcoin
https://twitter.com/PDocHLG/status/1524791586248327171
Bitcoin and others of that model got a lot of free advertising out of this...but the reason these other schemes come up is because of the stratospheric values they have...effectively pushing many average Jack & Jill's to the fringes...
Almost as if by design...the haves and have nots...eh? Just wait till government hijacks it all...
Logged
We are now where The Founders were when they faced despotism.
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Crypto is not without its scams - Terra...flop