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Problem with arguments like these is you put all of crypto/web3 into one category. Yes there are scams out there. Lot more than other fields. But just take 2 o
by asenna 4y ago
Problem with arguments like these is you put all of crypto/web3 into one category.
Yes there are scams out there. Lot more than other fields. But just take 2 or 3 solid examples - Uniswap, DyDx, etc -> These are much more open and decentralized and transparent than their TradFi counterparts.
If you think Uniswap is a scam, you haven't looked into it yet. Yes the tokens that get listed on it can be scams but that's up to to the buyer to assume the risk. As a tool, it's so much more transparent than anything that existed before it.
- Closi 4y agoYes, but the parent comment also put all banks and hedge funds into a single category. > If you think Uniswap is a scam, you haven't looked into it yet. Yes the tokens that get listed on it can be scams but that's up to to the buyer to assume the risk. I never said anything about Uniswap personally, but using a company that can list scams as an example about how non-scammy crypto can be is a little strange to me.