Wtf is the point of the CAKE token? You stake CAKE and you get more CAKE but what does it even do. Isn't it a huge fucking ponzi where everyone is staking cake to get more cake so that they can sell their cake later on for something that is actually useful?

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Anonymous Tue Feb 16 03:11:34 2021 No.28844897 [Reply] [Original]

Wtf is the point of the CAKE token? You stake CAKE and you get more CAKE but what does it even do. Isn't it a huge fucking ponzi where everyone is staking cake to get more cake so that they can sell their cake later on for something that is actually useful?

>>	Anonymous Tue Feb 16 03:13:23 2021 No.28844966 You just described all crypto even bitcoin. Rarely will you find someone sincerely in it for reasons aside from cashing out back into fiat so they dont have to work.

Anonymous Tue Feb 16 03:21:05 2021 No.28845277

>>28844966
Well at least I can understand why BTC can be used as a store of value but tokens like CAKE are literally useless and can only be used to get more CAKE. There's literally no use for these shit tokens except for staking them to get more CAKE.

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