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/biz/ - Business & Finance


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File: 445 KB, 1200x1200, DeFiScum.jpg [View same] [iqdb] [saucenao] [google]
24723032 No.24723032 [Reply] [Original]

DeFi is a scam bubble that must burst. When you hear DeFi you assume this hot new trend in finance and salivate over it while fomoing your money in the next uniswap shitcoin. You should be disgusted by DeFi and feel hatred and contempt for this shitty fad. Sergey bragged on his latest interview how easy it was to collect millions from investors when you create DeFi tokens these days. He's absolute scum of the earth.

DeFi = Decentralized. DeFi tokens, DeFi networks, DeFi APIs, are open to the biggest security vulnerabilities in the world. Almost 99% of all 100,000+ DeFi ETH tokens created were scams and pump and dump ponzis that had no impact on the world. Chainlink hasn't been adopted by 1 bank or tech startup in Silicon Valley after 3 years despite ripping billions. They have no oversight, regulation, ID verification, they open up finance to a Wild West frontier of fraud. Maximum anonymity = maximum fraud. You can pick up a MetaMask wallet and scam people out of millions of dollars without any repercussion because it's completely decentralized. No one will trust this for their banking ever.

Centralization is security and that's the only way to mass adaptation. DeFi's retarded ecosystem thinks they can shill decentralized networks to mainstream society and banks on buzzwords like "open finance" and "decentralized oracles" and everyone gets hype over it as if it's a good thing and not the biggest trust-erosion project since the Blockchain was sprung to existence. Question for DeFi shills: would you put your pension in a DeFi token?

Fuck Sergey and fuck Cronje. DeFi shills are mindless zombies without a head on their shoulders, easily influenced by hype.

Inb4 what's your solution? If you were to secure a crypto project, you'd need to ask for identity verification at the start before wallets and have the ability to burn and reverse token transactions at will if someone reports a dispute like PayPal. I don't see any platform that does that now.

>> No.24723103

>>24723032
Thanks op. just sold my link stack.

>> No.24723112
File: 530 KB, 1671x1061, 1607154868257.jpg [View same] [iqdb] [saucenao] [google]
24723112

sirs i will gather my village of jurors and take them all to KLEROS COURT

>> No.24723482

Check ou Injective. It will do great!

>> No.24723508

>>24723032
Based. Shiterium DeFi is 99% fraud. Time for this cancer to end.

>> No.24723629

>>24723482
What?

>> No.24723636

>>24723482
Stop pumping your bags and buy Klee is good sir do the needful

>> No.24723648

>>24723032
The really shocker is that someone took the time to make this post. Incredible.

>> No.24723654

>>24723032
Thank you Mr CIA agent for shilling KYC.
I couldn't care less about people getting scammed, thanks for playing and be smarter next time.
You realize what you're saying sounds like the way Bitcoin was fudded back in the days? Now VC is investing in Bitcoin.
DeFi is very young and therefore is still in an experimental phase, the fact it's the Wild West is a good thing, it's a fertile ground to test things.
Your ramblings are pointless, what are you trying to achieve with this? Do you think you can stop the passing of time?

>> No.24723676
File: 145 KB, 1999x1126, 1607674514511.png [View same] [iqdb] [saucenao] [google]
24723676

>>24723032

>> No.24723870

>>24723648
>>24723654
>>24723676
Those Link bags must be heavier than Santa Clauses nutsack, but don't worry you are not the only people invested in the DeFi scam. There are thousands of other fucktards invested in way more low-effort DeFi scams than Chainlink and genuine VCs who also fell for this but will backtrack and pull out once they realize they invested in the development of a mass fraud platform that screws over the average person. Then the whole ecosystem will collapse like a house of cards.

>> No.24724788

>>24723032
>That Spacing
I think we all know what that spacing means in your post.

>>24723112
Based Kleros Bag Holder

>> No.24724993

>>24723032
Thank you Mr. Glowie

>> No.24725152

t. Some nigger who fell for pajeet scam.

Not everything is a scam nigger. I for one al glad theres so much scamming again. It means the gains for real project will be outstanding. Learn how to math.

>> No.24725426

>>24723032
FUCK CHAINLINK and BUY API3.

AND FUCK YOU ANON.

>> No.24725483

>>24725426
API3 is decent but it literally does nothing to secure DeFi payments, it's just an API platform that other DeFi scams can be built on directly from the source in some shithole in Africa.

The whole ecosystem has to collapse so crypto can move on to safer, controlled blockchains.

>> No.24725501

>>24723032
We already know this faggot we are here for the money

>> No.24725569
File: 139 KB, 736x981, 1561771254322.jpg [View same] [iqdb] [saucenao] [google]
24725569

>>24725501
I knew you were shitposting here Sergey Nazarov, but your time will be over soon. $5 EOW.