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A comment on What Bitcoin’s White Paper Got Right, Wrong and What We Still Don’t Know (2018). Parent comment

Re:What Bitcoin’s White Paper Got Right, Wrong and What We S... by joosters on Saturday October 31, 2020 @11:58AM (#24952481)
Defi is just the last incarnation of the blockchain-related 'get rich quick' scams, like the ICOs before it. It's proponents think that somehow it generates amazing returns out of nothing. In reality, insiders and cheats are profiting from the gullible. (again, just like ICOs)
[ Parent | on HN ]
Re:What Bitcoin’s White Paper Got Right, Wrong and What We S... by ahallock on Saturday October 31, 2020 @07:22PM (#24956063)
It's easier to call everything a scam than actually spend time to learn. There are tons of Youtube channels, Twitter accounts, Reddit pages, Discord/Telegram groups, etc. with all the information. It's hardly "insider" knowledge. Are there scams and pump & dumps? Sure. But if you manage your capital, a few rug pulls aren't going to ruin you.
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