Scott on Nostr: Crypto projects typically fall into one of two categories: 1. Complete pump and dump ...
Crypto projects typically fall into one of two categories:
1. Complete pump and dump scam (~95% of cases)
2. Interesting idea that doesn't need a blockchain because it isn't money
The second category typically ends up being built on top of bitcoin eventually. The former ends in financial ruin, every single time.
Published at
2024-05-02 12:09:37Event JSON
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"content": "Crypto projects typically fall into one of two categories: \n\n1. Complete pump and dump scam (~95% of cases) \n2. Interesting idea that doesn't need a blockchain because it isn't money\n\nThe second category typically ends up being built on top of bitcoin eventually. The former ends in financial ruin, every single time. ",
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