The patient died before the doctor arrived

15th August 2022, Monday

As a child, when I read a translation of such a sentence in a textbook, I regretted "Alas! If the doctor had arrived earlier, the patient might have survived." But in real life, such incidents are constantly happening, especially in the cryptocurrency world. Now you can think where this sentence is similar to the cryptocurrency world! Sit tight on a chair in your room, I will tell you the secret of this sentence.

SmartBCH's first anniversary is on August 1st, maybe not many people know. Although we didn't celebrate the SmartBCH anniversary, we almost all celebrated the Bitcoin Cash anniversary.

Maybe 90% of the people in the Bitcoin Cash community have forgotten about the SmartBCH network and there are good reasons why. When SmartBCH launched, different project owners made different promises. Take CLY's Anti-Dump technology, for example, where they promise "those who buy CLY tokens and stake for one year locked on celery.cash website at 100% APR will get double the amount of CLY tokens staked in the next year."

Of course they kept their promise. Those who completed one year got double today. But you know, none of them are happy. While no one is happy to get double CLY by locking it for a year, locking it for 5 years is nothing but stupid.

But what is the reason behind their not being happy? To put it simply, suppose you buy 50 kg of onions for $50 and keep them in stock for one year. Put in a stock from which you can't get it out before a year. That means if you lock it there for a year, you will get 100 kg of onions from it after a year. It may seem tempting. But after five months, you realize that the price of onion is decreasing from $1 per kg to $0.5 per kg. 10 months after the lock saw onion prices reach $0.2 per kg. You worry about it, and that's what you think. After a year when you go from 50 kg of onions to 100 kg of onion the price of onion is only $0.05 per kg. That is, 100 kg of onions cost you only $5!

This is exactly why I gave the headline "Patient dies before doctor arrives". That means your investment has no value.

It would be wrong to talk only about CLY but every project of SmartBCH follows exactly the same strategy and cheats every community member. Another project among them is Pandaland gamfi. I haven't been attached to many projects, but have gotten cheats as feedback from ones I thought were legit and trusted. A little research on other projects will reveal that they have treated their customers similarly.

If SmartBCH is called a smart scammer then pandaland is one of the Chinese winners of gamefi. For the past three months, the members involved in this project have been trying to talk to the owner but the owner is not responding. In such a situation no one knows any developer associated with the game. That is, whatever the project offered to their customers was purely for the purpose of enticing them. With that said, this gamefi will reach a point within a year, when each Panda NFT purchase will cost more money than LawPunk. Which was completely false information. Not 1 year but only 5 months everyone realizes each is a complete scam.

So with the smartBCH network the sentence "the patient died before the doctor arrived" is perfectly matched.