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[return to "YC W22 Stablegains is being sued for losing $42M in funds from 4878 customers"]
1. Mizza+Lc[view] [source] 2022-05-19 08:13:43
>>donsup+(OP)
The name "StableGains" sounded exactly like "SafeMoon", a heavily advertised pump-and-dump shitcoin that, unsurprisingly, was not safe, and did not go to the moon. Free money with no risk sure sounds appealing though, just don't think too hard about it.
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2. drekip+ef[view] [source] 2022-05-19 08:40:01
>>Mizza+Lc
This is really the crux of the issue

How many people get duped into thinking there's such a thing as "unlimited gain" and "rewards without risks"

Like what, people are just going to give you money without you doing anything?

It would be largely beneficial to everyone, if we were to provide some basic economic/financial/"how money works" lessons to everyone through the use of schools and public education..

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3. bombca+XH[view] [source] 2022-05-19 12:52:14
>>drekip+ef
Even if you have done the education, weeks and years of seeing articles and news reports on how Bitcoin has gone up eleventybillion percent can wear you down, and you start wanting a slice of that pie and become susceptible.

For the people who get sucked into these things, it’s asking a lot for them to educate themselves without being burned - especially when there are so many communities dedicated to shoving out naysayers.

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