Crypto has taken advantage of people s greed and desire for a quick buck. I've seen threads of greedy boomers that have put their savings into it because some rando on the internet told them to. It's really quite sad.
It's unregulated and full of money, of course there's theft everywhere.
One born every minute.
@sullybiker keep encountering otherwise rational, reasonable people at work, generally sensible decision makers, who've got sucked into it, too. (now all pretty remorseful.)
@sullybiker sure, but it's startling how their ability to weigh evidence, judge cause and effect etc. just goes out the fucking window when they get promised something for nothing. I guess that's at the heart of every Ponzi scheme though.
@sullybiker it's the poor desperate fuckers in places like Haiti getting talked into throwing everything into crypto i reserve my sympathy for though.
@Pipski I think cash withdrawal for Bahamian people is affected by this. FTX stole it. Worse, nothing will be done to those responsible.
@Pipski It's always the normies that get rolled the hardest.