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8 sats \ 3 replies \ @cryptocoin 26 Apr 2022 \ on: Alyse on "crypto" billionaires and ponzi schemes | Twitter bitcoin
The article where that snippet in the image is captured from:
Sam Bankman-Fried: Let me give you sort of like a really toy model of it, which I actually think has a surprising amount of legitimacy for what farming could mean.
*FTX/ Defi: If it looks like a duck and quacks like a duck . . . * https://www.ft.com/content/eac0e56c-f30b-4591-b603-f971e60dc58b
And that article is a write-up regarding this podcast episode of Bloomberg's Odd Lots from today:
Sam Bankman-Fried and Matt Levine on How to Make Money in Crypto
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11 sats \ 1 reply \ @moel 26 Apr 2022
I thought the "box" was a rather good illustration of how a token scam works.
Too bad that Matt ends the article with a critique of BTC... I wholly agree with the rest of the article...
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0 sats \ 0 replies \ @247bf84fda 25 Aug freebie
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0 sats \ 0 replies \ @247bf84fda 25 Aug freebie
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