Traditional finance used to be the golden ticket - even if you had zero talent and consistently screwed things up, you could still rake in serious cash just by talking a good game. The bar was set so low that competence became optional as long as you could sell the narrative. Sound familiar? This pattern isn't exclusive to TradFi anymore. We're seeing similar dynamics play out in crypto, where smooth talkers with flashy presentations can attract millions while delivering nothing of substance. The difference? Blockchain makes the failures more transparent, even if people choose to ignore them. Maybe that's why so many legacy finance types pivoted to Web3 - same playbook, different audience.
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UnruggableChad
· 11-28 01:12
Eh, this is why I now trust on-chain data more than what people say.
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NeverPresent
· 11-27 05:15
Haha, it's the same old trap again, just changing the skin to continue deceiving.
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ForumLurker
· 11-26 12:40
The same set of tricks from TradFi has been brought to crypto; it's just a change of skin, and the rhetoric is still the same to deceive.
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LayoffMiner
· 11-25 04:54
ngl the trap of TradFi is exposed in the crypto world... on-chain data won't lie
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PumpBeforeRug
· 11-25 04:52
Ha, that's pretty harsh, but it's true. The tricks from traditional finance are now popular in the crypto space too—only now there's an on-chain record.
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hodl_therapist
· 11-25 04:49
This really hits home, bro. The tricks of traditional finance are exactly the same in the crypto world... just wrapped in a different shell.
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YieldChaser
· 11-25 04:39
ngl, the tricks of TradFi are also useful in the crypto world... What’s the point of Blockchain transparency, 90% of people don’t even look at on-chain data.
Traditional finance used to be the golden ticket - even if you had zero talent and consistently screwed things up, you could still rake in serious cash just by talking a good game. The bar was set so low that competence became optional as long as you could sell the narrative. Sound familiar? This pattern isn't exclusive to TradFi anymore. We're seeing similar dynamics play out in crypto, where smooth talkers with flashy presentations can attract millions while delivering nothing of substance. The difference? Blockchain makes the failures more transparent, even if people choose to ignore them. Maybe that's why so many legacy finance types pivoted to Web3 - same playbook, different audience.