If you launch a coin and it goes to zero, you can just block the people that invested in you with no repercussions.
It’s the #Cardano way.
They’re not real investors anyway. Just speculators. You lost your life savings and had to get a job? Sucks to suck.
-banned-
GTFO loser
#Cardano fam, I remember a time businesses paid for their own capital expenses in order to sell their products to their customers thereby earning a profit. Maybe I’m just old fashioned….. $ADA @IntersectMBO
A 10% loss needs a 11% gain to get back to even.
A 20% loss needs a 25% gain to get back to even.
A 50% loss needs a 100% gain to get back to even.
A 90% loss needs a 900% gain to get back to even.
This is why protecting capital is even more important than making big money.
Even if $ADA hits 10 cents I'm not leaving.
What you all need to understand is, Cardano is the most secure defi chain there is.
If it hits 10 cents, I'm buying ADA on the cheap for the influence on governance.
CF will have learned its lesson and need to manage risk, and actually use and advocate for Cardano Defi rather than speculative use cases.
BOOMER UNCLE: “You kids switch jobs too much.”
ME: “I stayed loyal for 4 years. Got 3% raises every year.”
BOOMER UNCLE: “See? Hard work pays off.”
ME: “Inflation was 8%. I took a pay cut every single year.”
BOOMER UNCLE: “That’s just how it works.”
ME: “I switched jobs. Got a 34% raise in one move.”
BOOMER UNCLE: “Nobody has work ethic anymore.”
ME: “I didn’t leave for less work. I left for equal pay.”
BOOMER UNCLE: “Companies can’t afford to keep raising salaries.”
ME: “The CEO got a $11 million bonus that same year.”
Loyalty is a value.
But it was never meant to be a financial strategy.
Companies stopped being loyal to workers decades ago.
Nobody told the workers to stop expecting it in return.
Men don’t work for money
Men work for that which the money will buy
When the fake money buys nothing important
Men stop working
This is the way of things
Wokeness is the most successful rebranding of evil in human history
It takes racism, division, and hatred, wraps them in the language of compassion and justice, and calls it moral progress
It made people cheer for the destruction of their own societies while feeling morally superior for doing it
The Hitler edit posters will be the moderates soon.
The fear over words has been eviscerated in the last few years, clearing the way for levels of extremism we can't even imagine today.
All a natural part of the societal metronome that's been swinging back-and-forth since the beginning of time.
Beautiful, isn't it?
Same old $ADA -
“We don’t even need taptools”
“if they’re not surviving without the treasury then let them go”
Hosky making fun of them instantly obviously.
Whilst all the founding entities still ask for 10s - 100s of millions every year to do exactly that.
If you think this is anything but tragic you are genuinely an imbecile.