Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Hey these days we're going default ponzi :)


Seriously!

I know this may be an unpopular opinion on this site in particular, but after seeing this I would never even consider raising money from YC. I would not be comfortable having the fate of my business in any way tied to a group of people that are so fucking dumb that they invested in the money version of a perpetual motion machine.

Seriously, this is the fucking stupidest thing I’ve seen in _YEARS_


No response from YC on their culpability in grifting regular joe's out of $42m. How many people with little savings got advertised, shilled to, and manipulated by social media to put most of their savings into this and will now be in dire straights? "Making the world a better place."


> Seriously, this is the fucking stupidest thing I’ve seen in _YEARS_

C'mon, let's not forget about NFTs.


Wait till you hear about "Soulbound" NFTs.


Oh my God. I had not heard about this. I have no words.


Touché


On the other hand, this is your opportunity to make your own money-version of a perpetual motion machine and get lots of real money as investment.


Quiet! The kool-aid tray is coming round again.


Isn't the point that it can only go around once?


There doesn't seem to be a shortage of newcomers who believe that this time, this flavor will be different

Or as PT Barnum put it...




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: