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by dmitriid 1303 days ago
> Dedicated, competent and highly-funded attackers are at work. Central/commercial banks, Treasuries, etc. cannot abide any fire-exit

First-world tech bros drinking cool-aid and shoveling money by the truckload with zero understanding of finance, and in it just for scams, get rich schemes and money: check.

"It's a coordinated attack by the Big Money and State Actors" whine: also check.

> So, the stakes for attackers are high. The stakes for liberty-valuing citizens: even higher.

Spare us the bullshit.

"DeFi" is literally just currency speculation and flash loans, all of them happening with fantasy tokens. But it's a big circle jerk because blockchain and programs in esoteric programming languages on inefficient esoteric VMs (yes, that's what "smart" "contracts" are).

All of the crypto scams and failures are entirely on those in crypto space. No highly-funded attackers needed. You're busy doing it to yourselves.