# Scam heuristics: investor-facing sites, buzzwords, closed source

- **Speaker:** Greg Osuri
- **Attribution:** attributed
- **Said:** 2024-02-14
- **Theme:** Crypto & DePIN — https://www.gregosuri.com/predictions/crypto-depin/
- **Source:** "How to Pivot your Career in Crypto and AI \| Builder's Diary \#9 with Greg Osuri" (Finality Crypto Podcast (DeFi Times))
- **Watch at:** 01:04:35 — https://podcasts.apple.com/us/podcast/how-to-pivot-your-career-in-crypto-and-ai-builders/id1541829695?i=1000645292095
- **Canonical:** https://www.gregosuri.com/predictions/crypto-depin/2024-02-14-scam-heuristics-investor-facing-sites-buzzwords-cl-klnh/
- **Cite as:** Greg Osuri, "Scam heuristics: investor-facing sites, buzzwords, closed source," "How to Pivot your Career in Crypto and AI \| Builder's Diary \#9 with Greg Osuri" (Finality Crypto Podcast (DeFi Times)), 14 Feb 2024, 01:04:35. https://podcasts.apple.com/us/podcast/how-to-pivot-your-career-in-crypto-and-ai-builders/id1541829695?i=1000645292095

## Quote — verbatim

> The moment you see a website geared towards investors, that's generally a scam. Because you're not focused on getting users... every time you see DePIN on a website, like front and center... DePIN didn't exist six months ago... Close source is a scam, generally speaking. And when you have founders that come out of nowhere... generally \[regard\] them as a scam.

## Context — site annotation, not spoken

Closing safety advice (spans into the 01:05:24 block); he warns that FTX/Celsius-style patterns are reappearing in "smaller protocols... with outsized numbers that are closed source."