Comment by 1270018080
4 years ago
Least corrupt crypto company.
Return is directly correlated to risk, so when a black box corporation is promising 15% returns and marketing itself as a “simple and safe” way for its users to benefit from “advances in financial technology.” It's probably not safe, but it is very simple.
Any crypto or web3 startup contains an ad hoc, informally-specified, bug-ridden, slow implementation of "receive_funds.sh > /dev/null".
Thought you were about to say 'a Ponzi scheme'.
>Return is directly correlated to risk
This is really what should be required as the boldface disclaimer on every investment product.
"10-15 % guaranteed return" has another name...fraud....even in the case of old-school imperial plunder, there is always the risk your target might fight back.
>Return is directly correlated to risk
This is at least a weak EMH assumption. It's not a law. In crypto sometimes the opposite is true for short to medium periods of time because uninformed people are afraid of 'too high' returns. Best money is made on market inefficiencies like that.
When I want bright well read people to invest in my scam, I flatter them that they have much better insight than most people and are destined to be ahead of the curve as a result. /s
Return is directly correlated to risk.
Your comment makes you seem like a very easy mark for the scammers targeting you.