Oh, okay, that's fair I guess https://twitter.com/FatManTerra/status/1528632483344007168 …pic.twitter.com/bBnqygYge6
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I cannot believe there are still people that don't understand this.
I think pretty much everyone understands especially crypto degens they just don’t care because they think they’ll profit in someway from it
The truth is most 'retail' are just gamblers. Don't even read whitepapers, have no idea what marker cap is etc.
It’s widely known and yet crypto is such the place where people just don’t care because it’s a casino. Then wonder how and why these people can get away wit this stuff. I thought it was just a joke but I’m pretty sure now it’s too obvious not to see at this point
Probably worth actually explaining it
I mean how can FTX for example offer FREE stock trading on their site.. because they do shit like this
Learned my lesson with SRM. Most secondary coins in an ecosystem are just exit liquidity for the whales
I learned when FTX launched Cope on their exchange that they were really about scamming retail. Any perp they launch instantly down following
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