Whoops. The crypto magical box was actually a pyramid this whole time.
Sam Bankman-Fried recently went on a podcast and tried to explain “yield-farming” to Matt Levine and the OddLots podcast and ended up describing a ponzi scheme. Chaos ensues.
Verdict
The truth is it’s all made up. We all made it up. Who are you to say that something someone says has value has no value? You either join in and grab or lose the billions early or you sit on the fence make little to no Money and scream Ponzi when everything is literally a Ponzi. The choice is yours
This video is an opinion and in no way should be construed as statements of fact. Scams, bad business opportunities, and fake gurus are subjective terms that mean different things to different people. I think someone who promises $100K/month for an upfront fee of $2K is a scam. Others would call it a Napoleon Hill pitch.
DISCLAIMER: Please be advised that nothing in this video shall be construed to be financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor. All personal opinion is intended for general information purposes only
The truth is it’s all made up. We all made it up. Who are you to say that something someone says has value has no value? You either join in and grab or lose the billions early or you sit on the fence make little to no Money and scream Ponzi when everything is literally a Ponzi. The choice is yours
