The Reverse Scam (or How the Community Has Failed Crypto)
Although the exit liquidity narrative is prevalent in a project, sometimes the prioritisation of holder profit is to blame for the sell pressure.
I was there when this new blockchain technology was supposed to improve the world by enhancing everything it touched. It was supposed to make money more effective and better to use and have a way to pay SWs without getting blocked by payment providers or have ownership of data and use a wallet to sign in to services instead of the data harvesting social logins, or even to improve privacy and help to get something back from the MAN by making cash deposits and receiving digital currencies in return, but now that is a distant dream.
When the blockchain bonanza began, I found myself in Amsterdam…
