Two solutions looking for a problem.
1 Like
Seriously…how can any consumer-grade investment vehicle offer 6% monthly?? Sounds incredibly risky no matter how slick the website is.
3 Likes
70 deaths is an acceptable number.
3 Likes
Yup, that works out to doubling your investment every year. There’s nowhere you can get that kind of a return without enormous, and likely unpredictable, risk. It’s either a scam or a gamble, or both.
2 Likes
The loan-sharking business seems to manage.
If we didn’t have a vaccine for the flu or enough medical staff, beds and equipment to treat them we probably would.
5 Likes
That’s the point: we don’t take an absolutist view. There are conditionals. If’s. We look at the situation and make a judgement call. IF things were different, we might make a different judgement call. We aren’t going into isolation just because people are dying. We are going into isolation because of how many could die if we don’t.
If you can’t pay - well…you die.
3 Likes
On my current risk-o-meter, a USD stable coin is less risky than the entire nasdaq. They’re offering 5% on bitcoin which is much riskier due to the fluctuating price.
I think the idea with this company is that:
*their business processes involve smart bidding with some sort of algorithm
*assets included in the smart bidding algorithm are used to invoke ‘smart contracts’ with price limits
*the company makes predictable microprofits from transactions without having to charge a transaction fee to the user, utilizing insurance for when contracts fail
*the user gets the “best price” for their transaction with no fee
8 Likes
5 Likes
This topic was automatically closed after 5 days. New replies are no longer allowed.
