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I actually figured it out after attending crypto meetups in Switzerland just to drill into their heads to see what is really going down with my own eyes and ear
by greenavocado 1y ago
I actually figured it out after attending crypto meetups in Switzerland just to drill into their heads to see what is really going down with my own eyes and ears. And man, you're spot on. Crypto is basically a giant loophole for slapping the word "decentralized" on what's just a fancy, unregulated securities market. The whole scene is a masterclass in rebranding speculative gambling as "innovation." NFTs? Mostly hype and JPEGs with extra steps. DeFi? A Wild West where the rules of traditional finance get ignored until someone gets rugged, then suddenly everyone's shocked. The crypto bros love to talk about "disrupting the system," but half the time it's just a grift wrapped in tech jargon to lure in bagholders.