Re:Is Filecoin a $257 million Ponzi scheme? [pdf]
by alexasmyths on Thursday November 30, 2017 @03:07PM
(#15819025)
It's a fair point ... but ...
Making an email product and hiring PR to promote email I think is a little bit different than 'owning a stock and hiring PR to promote that stock'.
BTC is purely a speculative thing right now - and so hiring PR to pump up a purely speculative thing? "It's going to $10K and it's only going up, up, up!"
If they were promoting BTC as a medium of exchange and as currency, sure ... but as a purely speculative asset it's smells like a pump and dump.
Making an email product and hiring PR to promote email I think is a little bit different than 'owning a stock and hiring PR to promote that stock'.
BTC is purely a speculative thing right now - and so hiring PR to pump up a purely speculative thing? "It's going to $10K and it's only going up, up, up!"
If they were promoting BTC as a medium of exchange and as currency, sure ... but as a purely speculative asset it's smells like a pump and dump.