Re:NFT projects are just MLMs for tech elites
by jrochkind1 on Friday October 01, 2021 @11:02AM
(#28719345)
Did the early days of the internet have as much scams and money-laundering in the mix? Not in my neck of the early days of the internet woods.
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Re:NFT projects are just MLMs for tech elites
by rednerrus on Friday October 01, 2021 @11:08AM
(#28719453)
There were a lot less idiots on the internet in the early days of the internet. It was a function of the difficulty of getting on the internet.
Re:NFT projects are just MLMs for tech elites
by WorldMaker on Friday October 01, 2021 @01:49PM
(#28721489)
Many of the early ISPs played shell games with ad companies. NetZero is one of the most famously documented of the 90s dot-com age promising "free internet" with ads/MLM schemes, but they were one of the pack. The few I can recall today to google on the Bings, including NetZero, surprisingly still exist and survived the dot-com implosion as more traditional ISPs, but NetZero is the most useful example to give as it still bears the scars of its early scam-like history its own brand name. I don't think they've offered actual "zero dollar" service in more than a decade, but that's where their name originated.
I recall so many fly-by-night ads and ads+MLM schemes in the early internet, a lot of which I watched in Slashdot takedowns and teardowns at the time.
Re:NFT projects are just MLMs for tech elites
by jboy55 on Friday October 01, 2021 @11:17AM
(#28719577)
The early days of online payments (paypal) maybe. Unless they're talking about usenet selling, in which case I don't remember it being 'thrilling' to get a money order in the mail.
Re:NFT projects are just MLMs for tech elites
by sireat on Friday October 01, 2021 @01:23PM
(#28721181)
I sold/bought music CDs as well as anime model kits on the usenet (on the .marketplace ones) around the time of "Eternal September".
It was pretty thrilling to get money order in the mail.
There was little to no scamming goin on.
If someone wanted to be a bad actor, they'd be run out of town pretty quickly.
I miss those days.