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The current iteration of crypto yield farming seems more like a classic ponzi scheme to me. "Here I invented this new coin. If you buy it and lock it up, you c
by purple_ferret 6y ago
The current iteration of crypto yield farming seems more like a classic ponzi scheme to me.
"Here I invented this new coin. If you buy it and lock it up, you can generate new ones which you'll be able to sell to others who'll want to get in on it to. This coin serves no other purpose than this though."