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In finance, no one complains about flawed schemes as long as everyone thinks they’re making money. Enron was thought to be a market master until it fell apart.
by PragmaticPulp 6y ago
In finance, no one complains about flawed schemes as long as everyone thinks they’re making money.
Enron was thought to be a market master until it fell apart.
Bernie Madoff’s clients were happy with their returns until the fraud was exposed.
The only difference in the cryptocurrency world is that a lot of the players have a suspicion that some parts of the system are powered by fraud, but they either wave it away (buyer beware / I can buy the dip if the market crashes) or they think they can get their money out before it really crashes down.