Re:What is Chia cryptocurrency and why is it bad news for ha...
by TeMPOraL on Sunday May 02, 2021 @06:38AM
(#27013975)
Hard to say, really. It could be organic, but then, it is in the interest of Chia to spread the stories about "hard drive shortage" - like all crypto schemes, their best user base are people who will see an article about cryptocurrency causing a social-wide issue, and read it as an opportunity. The people who see a disaster and their first thought is about how to profit off it.
Re:What is Chia cryptocurrency and why is it bad news for ha...
by hdhrnnrkrkf on Sunday May 02, 2021 @07:02AM
(#27014074)
I'm a bit worried it's a self fulfilling prophecy:
"People are buying hard drives to farm despite price increases, it must be profitable, maybe I should buy one too..."
Re:What is Chia cryptocurrency and why is it bad news for ha...
by ykat7 on Sunday May 02, 2021 @05:47AM
(#27013753)
Could you or the parent commenter define "submarine" in this context? I searched and didn't find anything relevant.
Re:What is Chia cryptocurrency and why is it bad news for ha...
by TeMPOraL on Sunday May 02, 2021 @06:29AM
(#27013930)
It's a reference to a pg essay: http://www.paulgraham.com/submarine.html
The part introducing the term is at the beginning:
"Why do the media keep running stories saying suits are back? Because PR firms tell them to. One of the most surprising things I discovered during my brief business career was the existence of the PR industry, lurking like a huge, quiet submarine beneath the news. Of the stories you read in traditional media that aren't about politics, crimes, or disasters, more than half probably come from PR firms."
Definitely not a submarine.