Re:Why I have zero faith in crypto venture capitalists
by throwaaskjdfh on Sunday June 13, 2021 @12:48PM
(#27494082)
I agree; cryptocurrencies are a scam. But in general they're not Ponzis, with some exceptions e.g. the situation the parent poster describes where VC investors get "early coins" which are sold to later buyers.
[ Parent
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Re:Why I have zero faith in crypto venture capitalists
by xur17 on Sunday June 13, 2021 @03:16PM
(#27495405)
To be clear, you're saying that you believe that every last cryptocurrency is a scam with no exclusions? To me it seems absurd that none are non-scams, and makes me think you're just making baseless claims.
Re:Why I have zero faith in crypto venture capitalists
by arcticbull on Sunday June 13, 2021 @06:00PM
(#27496948)
It's been 14 years and if the whole space disappeared overnight what would change? The news cycle would be less entertaining I guess. So much so China was able to nuke the whole space from orbit and what? Crickets.