Re:Hackers nab $500k as Enigma is compromised weeks before i...
by justadeveloper2 on Tuesday August 22, 2017 @12:02PM
(#15073694)
I had an uncle who used to "carry money" for numbers rackets in NY which I think means he was involved in racketeering. I don't claim to understand how it worked, but I know the winning numbers were related to the winners of certain horse races. The state lottery pretty much put an end to it.
Cryptocurrencies and ICO's as they stand today conceptually have a lot more in common with the old urban numbers rackets[0] than they do with the concept of currency.
[0] https://en.wikipedia.org/wiki/Numbers_game