Oddbean new post about | logout
 Wild that people continue to throw their money at this stuff 🤦‍♂️ 
 I assume it’s all just the VC ecosystem juicing each other’s retarded projects and trying to scam a few ignorant folks along the way. 
 Good point. At least they are funding the miners with their stupid games.  
 Gotta pay to play  
 The miners say thank you. Sad for the plebs being sucked into participating. At least lessons will be learned.  
 I saw that 15 btc fee balance and thought come on litttle bitaxe you can do it buddy 
 That would of been awesome to see a bitaxe get that reward. Speaking of bitaxe I kind of want one. Where did you get yours?  
 Indeed. Although I do think these are having a diminished effect over time. Too many painful lessons have actually been learned and the scams are getting tougher to sell. 
 If you look into the history of penny stocks, crypto scams are the new penny stocks. Penny stocks have been around for hundreds of years before slowing  down, mainly because a better platform  for scams  came with crypto. The illusion of getting rich fast and easily blinds normal people. Sadly, these scams will always find another sucker. 
 There is no doubt about that. A sucker is born every minute as PT Barnum said. 
 A nice redistribution.