Re:I am often asked if I will “return to cryptocurrency”
by rsynnott on Thursday July 15, 2021 @09:16AM
(#27844289)
Was recently watching "Becoming a god in central Florida", a Netflix sitcom about a fraudulent MLM scheme in the 90s. I was struck by how similar the vibe was to today's crypto community; anyone who wasn't making money or who questioned the value proposition of the overpriced cleaning products simply didn't understand, didn't believe hard enough, and those who refused to get involved were the enemy, their lack of belief viewed as an attack on the scheme ('no-coiners', anyone?)
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Re:I am often asked if I will “return to cryptocurrency”
by TrackerFF on Thursday July 15, 2021 @11:26AM
(#27845836)
I've said it before, but over here in Europe, a lot of the good ol' boys from the 80s/90s/00s MLM scene pivoted to crypto the second it hit the mainstream - if not before that.
If I were to invest in anything related to crypto today, I'd conduct the due-diligence of a lifetime before sinking a cent into the investment, even going as far as hiring private investigators to fine-comb through the people involved. I don't think any tech sector has more veteran con-men than crypto - these folks have been scamming people for a lifetime.
Behind MLM (https://behindmlm.com/) makes a decent job at following the worst offenders
Re:I am often asked if I will “return to cryptocurrency”
by derangedHorse on Thursday July 15, 2021 @10:48PM
(#27852573)
Same, I wouldn't put any money into crypto if I hadn't at least glanced at the code for it and understood the high-level value added. The amount of (non-technical) people I know who invested in dogecoin and shiba inu (and not in a memey way) is astounding
Re:I am often asked if I will “return to cryptocurrency”
by graeme on Thursday July 15, 2021 @09:35AM
(#27844471)
Have a look at these ads for the MMM ponzi from 90s russia. Same vibes
Re:I am often asked if I will “return to cryptocurrency”
by ijustwanttovote on Monday July 19, 2021 @03:31PM
(#27886429)
> Becoming a god in central Florida
Thanks for the show recommendation.