> the difference is that some of us knew it was a scam right away
Jeez, you must be a very rich man by now, with all the extensive shorting of crypto this amazing early insight must have allowed you to execute.
Congratulations.
Jeez, you must be a very rich man by now, with all the extensive shorting of crypto this amazing early insight must have allowed you to execute.
Congratulations.
Those who have these insights usually also know the aphorism "markets can remain irrational longer than you can remain solvent".
You mean in unregulated centralized exchanges like binance and FTX, whose entire existence depends on the existence of these Ponzis? When they can just press a button, cause a flash spike, and liquidate all of your winning whenever they feel like it?
Yeah, I'm sure that works perfectly. After all, why would they be dishonest?