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Why Drip Network Is a Complete, Total, and Absolute Scam

Why would I invest in Drip when I can invest in thousands of other coins? Why would I want to earn 1% per day when I can make 1% per year on my hard-earned dollars in the bank- guaranteed? Read the truth about why you should stay away from this scam!

Scott Debevic
8 min readAug 11, 2022
Photo by Sander Sammy on Unsplash

Dear DeFi Reader,

At the risk of being unpopular and labeled a DeFi Judas, I must come clean. Drip is the biggest scam in the DeFi space. I mean, 1% a day is a decent return, but why do I need to take on risk when I can put my money in a 12-month CD and earn 2.3% annually?

Image from Google

If inflation stays at 8.5%, the buying power of my dollars only decreases by 6.5% per year. And, with my money safely sitting in a CD, I can’t spend it on things like gas, my mortgage, bills, or vacations. Plus, think of all the bank shareholders and executives loaning out my hard-earned money for the less fortunate who need credit. Sure, they are charging an average of 20.82% annual interest to people like me, but I am getting 2.3% of that and…

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Scott Debevic
Scott Debevic

Written by Scott Debevic

My goal is growing wealth and earning passive income. Mainly focused on Bitcoin and crypto. Feel free to contact me at: scottdebevic@gmail.com

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