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Old 08-04-2023, 12:53 PM  
AmateurFlix
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Join Date: Jul 2004
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If you understand the whitepaper, unlike captain twatwaffle here, you'll see that this is a highly profitable business model which is why it can offer high yields. Profitability is not an indicator of a scam; there are ways to earn money in crypto beyond gambling like it's the stock market.

The price keeps going up, the liquidity keeps getting deeper, and the treasury keeps getting bigger because it earns profits from trading fees and the algorithm reinvests them intelligently like a properly designed business. Even if the price were to enter a downward trend for some reason, the treasury still exists to handle debt obligations and offer yield... which eventually should entice more investors and get the ball rolling in the right direction again.

If you see a simple "dumb" commodity growing in price on thin liquidity, you can expect it to crash eventually when the optimism wears off and its promoters use you as their exit liquidity. Bitcoin would be a prime example of this, and hence why some people can't associate anything in crypto as being more advanced than the first example they were exposed to.
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