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mhmmmmmm | 1 year ago

> This is not something you can just log in on Binance and buy with cash in a single click.

You would've definitely been able to buy it with cash and a few clicks, for example using moonshot. (And I'm sure a couple other / similar platforms)

discuss

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djtango|1 year ago

The point is the window to buy was 2-3 hours: you had to be ready to trade, and watching either charts or being on a discord or actively checking X and with cash in an account.

People lost money but I doubt there was much collateral damage

guax|1 year ago

Though I agree that the damage will be limited I don't think it would be very concentrated on people paying attention. Considering notifications get pushed and heavy use of large group chats is common in south America does not take much for it to be promoted to laypeople by the more active followers of Javier. Older people particularly at risk given the excessive trust they give to people In position of power, knowledge of technology and readily available savings in USD on non savings accounts or investments.