There are three ways to make a living in this business:

be first;
be smarter;
or cheat.

Now, I don't cheat. And although I like to think we have some pretty smart people in this building, it sure is a hell of a lot easier to just be first.

wondering if any project ever blatantly named pool 1 as pool 2 and pool 2 as pool 1

early in
early participant reward scheme ✅

late in
community of scammers dumping on latecomers ❌

easy to get in
hard to get out
good ponzi ✅

hard to get in
easy to get out
bad ponzi ❌