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How crypto bros hustle people into their pyramid schemes

• overcast 5y ago
  The message is 100% accurate but holy hell reading long form(or any form) on Twitter is painful.
  • cordite 5y ago
    There’s so many possibilities to get distracted and leave before finishing.
    • overcast 5y ago
      Most distracting interface ever. Seriously a mess.
• bhouston 5y ago
  This is a really big pyramid scheme though. There are a lot of people in the world that can buy in. And there is always the chance that before everyone in the world buys in, they will figure out a use for cryptocurrencies... It is possible to make money in a pyramid scheme if you are early and you also cash out at least your initial investment to avoid downside risk. Given it has gone up so many times, most people that have invested in this scheme are far into the money. This is the weirdest pyramid scheme in the sense that it encourages HODLing to the extreme. It could easily go up another few multiples and we still wouldn't be near the end. I will be honest, I do not know how it ends.
• luka-birsa 5y ago
  We haven't had the crypto is a pyramid scheme featured on HN for a while. Nice to see you're still fighting the good fight, enlightening the sheep.
• johanneskanybal 5y ago
  Although there's plenty of reason to be careful this looks more like a one sided rant not belonging here especially the second part. Complete with the payment links.