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> It blows my mind that the people profiting from this are publicly describing the scheme like this, and nobody seems to care. This is the same guy the media a
by Melting_Harps 4y ago
> It blows my mind that the people profiting from this are publicly describing the scheme like this, and nobody seems to care.
This is the same guy the media and lots of HN were parroting his 'Bitcoin has no future' artile recently, when it should have been caveated as 'No future as a pump and dump' token for DeFi scams. Which is true, their is really no way to do that in the BTC ecosystem, and for good reason. Wrapping and all that was the closest thing, and to be honest it was short-lived.
Sam is a clear example of what happened from 2014 onward, billionaires made from the least interesting aspects of this ecosystem, which incidentally is also why most of VC has poured into this space.
Honestly, their is no value in ~95% of alts, they are the 'pink sheets' of the crypto currency space.