nhlarmaan on Nostr: "Anything with “decentralized” or “blockchain” as part of its claim has ...
"Anything with “decentralized” or “blockchain” as part of its claim has tended to get a lot of capital. Venture capital firms can deploy capital into a token project, pump up a lot of hype for it, encourage users to come into its ecosystem with ponzi-like financial characteristics, sell their tokens to retail investors after a couple of years, and walk away with big gains regardless of the fact that the project had no long-term staying power." -
LynAlden (npub1a2c…w83a) Read more:
https://www.swanbitcoin.com/the-implications-of-open-monetary-and-information-networks/Published at
2023-03-10 08:35:38Event JSON
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"content": "\"Anything with “decentralized” or “blockchain” as part of its claim has tended to get a lot of capital. Venture capital firms can deploy capital into a token project, pump up a lot of hype for it, encourage users to come into its ecosystem with ponzi-like financial characteristics, sell their tokens to retail investors after a couple of years, and walk away with big gains regardless of the fact that the project had no long-term staying power.\" - #[0]\n\n \nRead more: https://www.swanbitcoin.com/the-implications-of-open-monetary-and-information-networks/",
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