In last month I've seen some interesting reactions to my content about P2P - mass down voting in YouTube, bot attacks in Telegram and a personal attack on Substack & Facebook.
I think 'the most annoying' quickly turned to 'the last worth reading' blogger.
It's pretty obvious people tend to look for blogs with nice-looking always-upward trends of their financial independence. One thinks - if they plan retire in their thirties, and they seem on a good path, why can't I? I'll just invest everything to p2p, because it's modern, it's fintech, and I understand it (this, and savings account - nothing else).
No surprise folks end up 'donating' money to those fishy platforms. After all, it's all about that magical passive income - you 'invest', and that interest keeps piling up. Who want's to read facts, do research.
The best p2p investment site is one that shows how much money you will have made in 1, 5, 10 years and guarantees 'transparency, diversified, ai, financial freedom, ...'. It doesn't bother you with that bullshit about loan originators, complicated math. Because if you need to calculate anything, this is not passive income anymore.
p.s. kidding aside, i honestly feel for all who have lost money in those shit platforms. But at least they know. It happened, it's the past. It's sad, but it's a lesson.
Worse for the ones who will loose their money in the next few weeks/months. They know it's coming. They try to convince themselves it's still ok. Yes, it's that corona thing. Yes, of course banks are delaying transfers, there is no liquidity issues. It can't be! That guy posted he just got his 130 Euros back. I will get my 20k back as well! While in fact they know they're completely screwed.
Really curious to see how all the fancy-ass UI charts of them non-annoying bloggers will look like in a month or two! It's like in worldmeter - when you switch to logarithmic scale, covid pretty much flatted out.
Keep up the excellent work that you do! Best reads I stumbled upon in a long while.
First of all, your article has barely anything to do with its headline. And while I certainly appreciate some of your posts and insights you’re delivering, as well as fishy details and red flags about specific companies, I have to say that I indeed find you kind of annoying. Not because you’re exposing anything, mostly because your stance is often dismissive and sometimes insulting, and it’s very distracting to read articles – which I generally agree with – and find passive-aggressive words sprinkled throughout, which is just distracting and rather unprofessional.
You are a pain in the butt for some bloggers and platforms. These reactions are signs that you are putting a focus on something that others prefer to stay hidden. I think it is important to have a critical view. You will not be popular with everyone. Keep going, man. What you put out there stirs things up. It is natural that people want to kill the messenger.
Keep the good work, usually people that have something to hide, they prefer to shut others off than fixing their mess.
keep going mate , you the first blogger with critical thinking !!!
Thanks
Mr. Kristaps Mors, you're a liar!
False claim #2
Majority of these companies have significant tax debts
What about this then?
https://imgur.com/a/ufYineC
I think 'the most annoying' quickly turned to 'the last worth reading' blogger.
It's pretty obvious people tend to look for blogs with nice-looking always-upward trends of their financial independence. One thinks - if they plan retire in their thirties, and they seem on a good path, why can't I? I'll just invest everything to p2p, because it's modern, it's fintech, and I understand it (this, and savings account - nothing else).
No surprise folks end up 'donating' money to those fishy platforms. After all, it's all about that magical passive income - you 'invest', and that interest keeps piling up. Who want's to read facts, do research.
The best p2p investment site is one that shows how much money you will have made in 1, 5, 10 years and guarantees 'transparency, diversified, ai, financial freedom, ...'. It doesn't bother you with that bullshit about loan originators, complicated math. Because if you need to calculate anything, this is not passive income anymore.
p.s. kidding aside, i honestly feel for all who have lost money in those shit platforms. But at least they know. It happened, it's the past. It's sad, but it's a lesson.
Worse for the ones who will loose their money in the next few weeks/months. They know it's coming. They try to convince themselves it's still ok. Yes, it's that corona thing. Yes, of course banks are delaying transfers, there is no liquidity issues. It can't be! That guy posted he just got his 130 Euros back. I will get my 20k back as well! While in fact they know they're completely screwed.
Really curious to see how all the fancy-ass UI charts of them non-annoying bloggers will look like in a month or two! It's like in worldmeter - when you switch to logarithmic scale, covid pretty much flatted out.
Keep up the excellent work that you do! Best reads I stumbled upon in a long while.
First of all, your article has barely anything to do with its headline. And while I certainly appreciate some of your posts and insights you’re delivering, as well as fishy details and red flags about specific companies, I have to say that I indeed find you kind of annoying. Not because you’re exposing anything, mostly because your stance is often dismissive and sometimes insulting, and it’s very distracting to read articles – which I generally agree with – and find passive-aggressive words sprinkled throughout, which is just distracting and rather unprofessional.
You are a pain in the butt for some bloggers and platforms. These reactions are signs that you are putting a focus on something that others prefer to stay hidden. I think it is important to have a critical view. You will not be popular with everyone. Keep going, man. What you put out there stirs things up. It is natural that people want to kill the messenger.