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by MuffinFlavored 1498 days ago
> Anchor was a dumb-money trap

What % of current crypto climate/culture is "dumb money trap"?

2 comments

Most of it, but it’s not unique to the cryptocurrency industry, only the degree to which crypto is dumb money — many aspects of traditional finance are going down the same path, where it’s no longer professional against professional, but professional shooting a bucket full of laymen.
99%

I think the difference is what to do about that

Users should be more discerning, that’s my vote