Re:Sam Bankman-Fried found guilty on all charges
by bmitc on Friday November 03, 2023 @02:39AM
(#38125278)
> just a like to the home pages for Bitcoin White Paper, then the Monero and Bitcoin Cash home pages. Thats all anyone needs to know about crypto, the rest is a scam.
Doesn't that mean that you actually agree with her stance and reporting?
Re:Sam Bankman-Fried found guilty on all charges
by kylebenzle on Monday November 06, 2023 @12:28AM
(#38159198)
She focuses 100% on the scams which are the least interesting part of the industry but gets the most attention.
Re:Sam Bankman-Fried found guilty on all charges
by simonw on Friday November 03, 2023 @02:37AM
(#38125259)
If you think the rest is a scam, do you at least appreciate all of the articles she's written that help illustrate that point?
Re:Sam Bankman-Fried found guilty on all charges
by jefftk on Friday November 03, 2023 @02:33AM
(#38125239)
> the rest is a scam
Etherium is a scam?
Re:Sam Bankman-Fried found guilty on all charges
by kylebenzle on Friday November 03, 2023 @12:56PM
(#38131532)
It's an unlicensed security at the very least. But yes, it's closer to a scam than a a useful currency.
Re:Sam Bankman-Fried found guilty on all charges
by null0pointer on Friday November 03, 2023 @04:02AM
(#38125786)
As someone who has been into crypto for a similar amount of time I can confirm that this analysis of the state of the crypto landscape is accurate.
Re:Sam Bankman-Fried found guilty on all charges
by sgammon on Friday November 03, 2023 @04:28AM
(#38125945)
you're saying crypto is going great? on SBF's conviction news?
Re:Sam Bankman-Fried found guilty on all charges
by qeternity on Friday November 03, 2023 @04:58AM
(#38126145)
> the rest is a scam.
Ok, and this is what she writes about.
Re:Sam Bankman-Fried found guilty on all charges
by cianmm on Friday November 03, 2023 @06:47AM
(#38126811)
I feel that if you agree that "99.999% of what is out there is a scam for morons" then it's pretty tough to argue that the industry isn't a grift.
Re:Sam Bankman-Fried found guilty on all charges
by FireBeyond on Friday November 03, 2023 @07:16PM
(#38136311)
He literally said this of Bitcoin yesterday:
> And still, 10 years in, a near perfect tract record, people are still unsure about Bitcoin. What's the issue exactly, people are just scared?
A near perfect track record? How?
Re:Sam Bankman-Fried found guilty on all charges
by kylebenzle on Monday November 06, 2023 @12:27AM
(#38159191)
It might be too late for you to see this but "Bitcoin" is the project, BTC and BCH are two forks of the original project.
Re:Sam Bankman-Fried found guilty on all charges
by bambax on Friday November 03, 2023 @07:05AM
(#38126954)
> I've been in deeply into crypto since 2012
I think one could have guessed that from your first comment ;-)
Re:Sam Bankman-Fried found guilty on all charges
by dontlaugh on Friday November 03, 2023 @07:53AM
(#38127360)
Just because you also fell for it doesn't make her wrong.
Re:Sam Bankman-Fried found guilty on all charges
by kylebenzle on Friday November 03, 2023 @12:55PM
(#38131510)
I've made more money in cryptocurrency than most people will make in a lifetime, I can guess you can call that getting scammed if you want.
Re:Sam Bankman-Fried found guilty on all charges
by gregopet on Saturday November 04, 2023 @12:34AM
(#38138164)
SBF was probably saying the same thing not so long ago. Of course it's possible to make money with/during a scam, I don't think anybody is disputing that?
Re:Sam Bankman-Fried found guilty on all charges
by kylebenzle on Monday November 06, 2023 @12:29AM
(#38159206)
SBF made all his money stealing from people and arbitrage, he really had nothing to do with cryptocurrency.
Main exhibit would be her editorializing (not reporting) of the industry with her site, https://web3isgoinggreat.com/. Here she posts only negative articles or opinions cherry picked for highlight issues with crypto. Every "hack", every rug-pull, every scam token. In my opinion its a HUGE waste of time and not useful or interesting.
The website she should have built for Web3isGoingGreat.com would be VERY simple, just a like to the home pages for Bitcoin White Paper, then the Monero and Bitcoin Cash home pages. Thats all anyone needs to know about crypto, the rest is a scam.