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Crypto CEO Accidentally Describes Ponzi Scheme

Coffeezilla

Crypto CEO Accidentally Describes Ponzi Scheme

Coffeezilla reacts to Sam Bankman-Fried's explanation of yield farming on the Odd Lots podcast, arguing he effectively described a Ponzi scheme. The video was made well before FTX collapsed.

After the FTX collapse, commenters cited it as an early red flag, though others disliked the YouTuber's style.

12 Hacker News mentions · 2022–2023

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