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I think this summarizes it well.... > ...interest-free P2P borrowing, anonymous lending pools, collective insurance, socialized ETFs, DAO-based freelancer unio
by q1w2 5y ago
I think this summarizes it well....
> ...interest-free P2P borrowing, anonymous lending pools, collective insurance, socialized ETFs, DAO-based freelancer unions, rotating savings schemes, revshare guilds, meme venture syndicates, crypto ponzis, exit scams, in-browser miners, upstate yield farms, boy bands, cults, and sovereign vacation funds.
> The point is clear: access to finance and the creation of capital assets is crucial. What squads need now is the technical infrastructure to capture and compound jointly produced value.
...they are groups of scammers/get-rich-quick schemers looking to scale online with the use of better organization & social media influence tools.