I'm sure some of you are already familiar with it from the other post, but basically the success of the PEPE coin is currently giving birth to a lot of scammy off-shoots like BABYPEPE and others.
BABYPEPE rugged yesterday and I'm sure that more will continue to rug. Even in a bear market, where arguably the only thing you need to do to have decent profits a bit further down the line is DCA into real assets, people are still looking for a get rich quick scheme.
No matter how good the opportunity is (and I believe the current market will make a lot of people well off in a matter of years) people's greed demands instant x100 profits. Regulation will have to happen because scammers and idiots are just too busy getting in business together all the time.
What do you think? Will people eventually be educated enough not to fall for this, or is regulation the only thing that'll put an end to the countless rugs that we keep see-ing? And if regulation is the answer, how do we ensure that decentralised systems remain decentralised?
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