Investors seek to recoup around $35 million from Canadian "Crypto King" in his early 20s
this reminds me of the Douglas Adams quote:
"...sometimes unusually intelligent and sensitive children can appear to be stupid. But...stupid children can sometimes appear to be stupid as well. I think that's something you might have to consider. I know it's very painful."
but, like, in reverse.
@web3isgreat I thought I remembered scanning a headline about this guy a few months ago. I was like, "Why does he sound so familiar?"
And there it is. 😂
@web3isgreat There's something incredible about reading "he lost most of the money he was given" followed by "in a series of margin calls"
He got money and immediately used that money to borrow more money he couldn't afford to lose. Finance people
@web3isgreat sounds like exactly the sort of dude you wanna entrust with $33mio. And here we're wondering, why average people fall for "give me $134.67 for postage and I'll transfer you $1.4mio of 'your inheritance' asap" spam mails, when so called 'professionals' shovel their money at "10 to 20% profit every other week with 0 risk of losing your money" scams.
INDIEWEB.SOCIAL is an instance focused on the #Openeb, #Indieweb, #Fediverse, #Mastodon #Selfsovereign #identity (#SSI), #Humanetech and #Calm technologies evolution.