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A month ago I did a deep dive in to etherium and the 'altcoin' universe. The one thing I came out of it all with was a feeling that I had seen so much of the sa
by mmanfrin 10y ago
A month ago I did a deep dive in to etherium and the 'altcoin' universe. The one thing I came out of it all with was a feeling that I had seen so much of the same sentiment and rhetoric about specific altcoins and altcoins in general as I saw with the 'HYIP' sites of two decades ago.
HYIPs were plain ponzi schemes, given the fancy name of 'high yield investment portfolio'; they promised things like "1.5% yield/day on investments of egold" but all of them would fold.