How Crypto Billionaires Fake it Until They Become it — The Power of Manipulation in Cryptopia


“Market cap” is terrible signal in crypto: — I could create a token — Hold 1 trillion tokens for myself — Sell 1 token for $1 — Token now has $1 trillion market cap — And I have $999,999,999,999 of…
— Read on medium.com/@ChrisHerd/how-crypto-billionaires-fake-it-until-they-become-it-the-power-of-manipulation-in-cryptopia-b7b1cfaa1012

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