@MrKiwiBirb@SoozUK@BeoursBeours@NoahGarfinkel Lack of structure and regulation. It’s the Wild West out there. Much like how the early stages of the internet were riddled with scams and hacks. Smart people with bad intentions taking advantage of early stage tech at the cost of newbies is nothing new and expected.
@RubeBait @sokabuko @NoahGarfinkel We are on the same page with that. 90% of crypto is worthless, but also hard to deny the economic innovation many present
@RubeBait @sokabuko @NoahGarfinkel Majority of crypto is not money or currency. Rather they are financial applications and payment rails that generate real revenue that is reflected back to their holders, just like an equity. Shows how much you really know and how much research you have done
@MFriedmanNOLA @blackbear93@NoahGarfinkel You are clueless. I dare you to spend 12 hours doing research. Sure, many protocols are completely useless and are garbage, but many create real-revenue and ownership which is reflected back to their users. That's not a period scheme, that's an equity.
seems like a lot of companies realize that ppl living in digital realities is the next frontier for the next couple decades but they have no idea how to make money off of it yet
@DelucaDougie@0xDavii To add to this, a lot of $METIS is set to go into circulation. Staking APR’s are super high right now. A lot of inflation to come.