So I take it you're against crowdfunding in general?
Your story might have substance if you had any evidence that it were the truth. But we don't know Bitcoin's origin story yet.
Also, your criticism is only of fundraising politics (which not everyone need agree with you on), not the product. There are many ways to fund great software, and even if you don't like it, crowdsales are one.
Real criticism is welcome, if you have any.
Thats like saying the dotcom bubble was a scam isn't it? You can certainly phrase it like that but is that really whats going on. An actual scam?
Re:Ethereum Cloud Mining for Dummies
by brighton36 on Saturday August 08, 2015 @06:35PM
(#10028841)
Many dotcoms were very scammy.
A few were but most were just naive. Point is that calling Etherum a scam seem based on claiming to know the intentions of the creator, rather than an actual description of what Etherum is.
Satoshi releases Bitcoin quietly to the world and doesnt ask for a red cent in advance from anyone despite creating one of the most important/innovative technologies of the last decade, and then disappears with his mined coins remaining for years unused and presumed lost.
Ethereum guys sell Ether(s) in advance (why for bitcoin of course) promising the moon and the stars in the form of a cryptocurrency + scripting
They put the horse before the cart IMHO, imagine if all those years ago Linus asked everyone to give him 18 and half million to develop Linux, would it be where it is now?