this post was submitted on 24 Jul 2023
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This has to be a scam of some sort, but i don't even see how the people at the top are making money.

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[โ€“] Shere_Khan@lemmy.dbzer0.com 2 points 1 year ago (1 children)

yeah, but its like, people are scamming people with nfts, using those scammed nfts to issue "loans" to scam people with cypto, so they can scam people with nfts, etc etc like is anyone actually making making money from this mess?

[โ€“] zlatiah@kbin.social 1 points 1 year ago

I wouldn't be surprised if someone does. I mean banks also just shuffle money around and guess who has a bunch of cash lying on hand so... Goes back to the gold rush era, but there are folks who mine the gold and folks who mine the miners

Also some tech companies can be at a loss for years but run on VC money

So... I don't know, but again I wouldn't be surprised if they are making something to keep this nonsense going