Scammers and Trappers

3 min readFeb 18, 2022

The learning never stops and once again I realise I’m not as clever as I thought. Drip isn’t dead yet but I’ve come to realise it’s a ponzi, MLM, no different to the rest. It relies on new buyers and compounding in place of withdrawing. The fact it’s lasted this long shows the community is compounding, and when everybody starts cashing out to pay off mortgages and buy rolex watches it all ends.

If you’re involved in crypto and defi you’ll know about the 0xSifu controversy as of late. This lead me to listen to the exit scam podcast and it exposed me to the reality of the reason I’m making…