Maggie McFee on Nostr: The current state of crypto as a whole is that it's a big tank where the hole at the ...

The current state of crypto as a whole is that it's a big tank where the hole at the bottom where losses through scams/theft leak out is only slightly smaller than the hole up top where new money from the future-scammed comes in.

The only people who truly win are the ones who own the tank.

Just like banking. But worse.

EDIT: Forgot to say, everything else is just value shuffled around the tank from one wallet to another, from loser to winner, ad infinitum until the bottom hole gets bigger.