Comments by "Magic Beans" (@Magic_beans_) on "PONZI SCHEME CEO WAS AN ACTOR" video.

  1.  @Bedhead13 It wasn’t a rugpull per se , but Anchor was part of the the Terra-Luna ecosystem, which collapsed almost overnight in mid 2022. So yeah, shocker, the safe 20% yield wasn’t sustainable.
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  2. Totally, and if you’ve dabbled in the market here and there you’ve probably gained 1% in a day. If someone’s an expert trader they should be able to do that every day, right?
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  3. Yep, and that’s how a lot of Ponzis get going. The early investors really do make money that they can withdraw and have fun with, so they believe this is the real deal. That encourages them to invest more and to tell all their friends.
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