Re:Why All Cryptocurrency Should Die in a Fire
by cuteboy19 on Saturday May 14, 2022 @08:50AM
(#31377434)
People might think this is too bitter or dismissive but it's true.
I have seen many many people pointing out the shady dealings and the death spiral nature of Terra on social media like reddit. But they were shouted out with cries of "FUD!".
It's a ponzi scheme and if your caught holding the bag, it is always in your interest to continue the scam rather than call out the scammers. That is why crypto "communities" will never acknowledge negative facts.
I have seen many many people pointing out the shady dealings and the death spiral nature of Terra on social media like reddit. But they were shouted out with cries of "FUD!".
It's a ponzi scheme and if your caught holding the bag, it is always in your interest to continue the scam rather than call out the scammers. That is why crypto "communities" will never acknowledge negative facts.