DeFi Rug Pull - A Short Story - Mine Digital
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DeFi Rug Pull – A Short Story

October 1, 2020 • 
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DeFi Rug Pull
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Anon devs and Defi rug pulls

Here it is, the 30th edition of The FUD, where I talk about the biggest FUD of the week. I help clarify events that crypto twitter decides to escalate. Leggo.

This week we talk anon devs, rug pulls, pokemon cards and the never ending trap.

Pokemon Cards Are The Real NFT’s

You may think i’m joking but follow Nekoz for alpha.

Value is determined by the price someone is willing to pay, with Pokemon cards the value is real. Scarcity drives it.

I remember them as a kid, funny how they came back, imagine I held onto my collection, I feel like those people that sold bitcoin at $7.

Few…

NFT’s seem confusing, we don’t yet understand digital scarcity.

Just think about it this way, if I took a picture of the Mona Lisa, do I own it?

The DeFi Rug Pull

Well that played out well.

Defi degen gamblers got rekt, anon dev left?

Thing is with this space its full degen gambling, look at it this way, every few lays will rug pull but if you win 3 out of 4 times you still fine. Just never go all in, risk management is key, you need to live to fight another day.

$BASED Era

MoonBase is came.

Yes, it here and about to be fully launched next week. A new era begins.

With Based vetting projects there will be less rug pulls and more degen chadness. Are you ready?

The Trade

The prophet spoke.

The market is in a massive trap, its playing with both bulls and bears.

Stay focused, don’t get scared soldiers. Moon is coming.

Hope you all enjoyed the update, follow me @TheBitcoinaire and @MineDigital on twitter and medium to stay updated on The FUD and Whisky & Wicks. For the best rates in Australia guaranteed use Mine Digital. Mine Digital also has insured custody so don’t worry about your funds.

Please note this is not intended as financial advice. Always do your own research. The writer holds (and is biased towards) Bitcoin. The writer’s thoughts are his own and do not reflect those of Mine Digital.

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