3 ms·
> Anchor was a dumb-money trap What % of current crypto climate/culture is "dumb money trap"?
by MuffinFlavored 4y ago
> Anchor was a dumb-money trap
What % of current crypto climate/culture is "dumb money trap"?
- phphphphp 4y agoMost of it, but it’s not unique to the cryptocurrency industry, only the degree to which crypto is dumb money — many aspects of traditional finance are going down the same path, where it’s no longer professional against professional, but professional shooting a bucket full of laymen.
- vmception 4y ago99% I think the difference is what to do about that Users should be more discerning, that’s my vote