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Comment by swah

2 days ago

The creator and the grifters do a rug pull against the general public, right? That's the scam.

There could even be a warning to sell at the optimal time, for the celebrity…

Well, I'm a creator and I now have a $4,000 crypto wallet. I did not "pump it" at all. I literally woke up to messages saying, "Hey, you just need to go tie your Twitter account," and I did, and boom.

If the business model is charity for open-source creators, then I guess it does work.

It's not entirely fair to say, though, that the creators are the ones participating in the pump. At least, not initially.

  • I'm not giving investment advise, but I'd convert to real dollars immateriality after I get any crypto.

    Not that the dollar is any good but crypto is worse.