I dont want to make a long post. Have been busy with a lot of things this week hence why I have been so quiet
But if I wanted to “vent” I figured why no do it here maybe some of you may relate
This guy I know… he keeps getting rugged
Rug after rug after rug
I don’t know what to do at this point
He keeps buying the worst tokens and getting rekt
This time he is holding on for dear life hoping pDai, the fork over copy of Dai on ethereum, is going to hit $1
Because of the complexities of MakerDAO already, having a forked over copy with broken oracles and price feeds was bound to cause a problem
But the thing is, there are a lot of dumb people in the world
It’s actually interesting
These people are “smart enough” to download a wallet and get funds moving to use crypto
But they fall for the most dogshit narratives
At first, the idea could come off as plausible for most people
But eventually
More and more people realize what is and what is not the reality
At this point, the tldr is that the coin can be minted, in a special way, in a way where the people who are smart enough to mint it this way can slowly mint themselves a nice little bag everyday to cash out slowly
However, for some people, there is NOTHING you can do to convince them they are getting rekt
It got to the point where Richard Heart himself comes out to say guys wtf are you doing, pull your liquidities you dumb dumbs.
I think he got a nice dose of reality realizing that NO MATTER WHAT the dumb people will be dumb and there is NOTHING you can do
If by some off chance they are right, their narrative would pump everyone on the chain just as much…
So, why risk your bag when everyone else is getting the same reward with zero risk if the narrative comes to fruition…
Posted Using INLEO
Sadly some people get lost in the sunk cost fallacy, and they think that because they have lost so much money that they can not give up now. And they convince themselves that the reward is just around the next corner.
Hehe, this is a real whatchamacalit, rage-post. But it is still laced with some care somewhere.
Please suggest Pi to him and anyone who desires a trusted coin. In 2021 I did a blog on it here and today true to the prediction it achieved adoption in February this year.
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