Act III: The Extraction. The call to action arrives. It’s often a low-market-cap token, a nascent project where the influencer’s endorsement can move markets. What is rarely disclosed is that they hold a significant, pre-purchased position. The community, united in belief, becomes the liquidity for the influencer’s exit.
The pump is orchestrated; the dump is inevitable. The guru moves on, wealthier. The community is left with worthless digital scraps and shattered trust.
This model is insidious because it perverts the very idea of community—turning a space for collective learning into an engine for exploitation.
dailyabay
--
Act II: The Inner Circle. Access is tiered. For a fee, you can join the private Discord, the Telegram channel where “real” alpha is shared.
The language shifts from “we” to “us versus them.” Skepticism is framed as a lack of understanding or courage.
Act II: The Inner Circle. Access is tiered. For a fee, you can join the private Discord, the Telegram channel where “real” alpha is shared.
The language shifts from “we” to “us versus them.” Skepticism is framed as a lack of understanding or courage.
dailyabay
--
The Con That Dares to Speak Its Name
We must dispel the comfortable myth that scams are obvious. The modern “edutainment” grift is a masterclass in psychological manipulation. It follows a devastatingly effective script:
Act I: The Value Proposition. Free content flows—basic technical analysis, explainers on decentralization, a compelling narrative of revolution against legacy finance. Trust is meticulously cultivated. A community forms.
We must dispel the comfortable myth that scams are obvious. The modern “edutainment” grift is a masterclass in psychological manipulation. It follows a devastatingly effective script:
Act I: The Value Proposition. Free content flows—basic technical analysis, explainers on decentralization, a compelling narrative of revolution against legacy finance. Trust is meticulously cultivated. A community forms.
This is the central paradox of modern investing: unprecedented access to information, paired with an epidemic of expertly packaged deception.
Your financial safety in this arena no longer depends on picking the right asset. It depends on a more fundamental skill: telling the difference between a teacher and a con artist.
dailyabay
--
Look at your screen. Scroll through your feed. The new financial guides are not in pinstripes on Wall Street; they’re in hoodies on YouTube, flashing luxury cars and cryptic charts. Crypto influencers have ascended as the era’s most visible financial voices.
They’re in your feed, on your timeline, and in your ears. Some offer genuine education. Others are running sophisticated scams dressed up as community.
Look at your screen. Scroll through your feed. The new financial guides are not in pinstripes on Wall Street; they’re in hoodies on YouTube, flashing luxury cars and cryptic charts. Crypto influencers have ascended as the era’s most visible financial voices.
They’re in your feed, on your timeline, and in your ears. Some offer genuine education. Others are running sophisticated scams dressed up as community.
The biggest challenge in blockchain adoption isn’t the technology itself — it’s alignment.
Aligning incentives between users, developers, validators, enterprises, and regulators is what separates durable networks from short-lived experiments.