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Ask HN: Does Anyone else working in a crypto company feel this is all a scam?

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Re: Ask HN: Does Anyone else working in a crypto company feel this is all a scam?

#191

Post by chx »

jlcoff wrote: post #87
cormacrelf wrote: post #77

Earlier quoted context omitted.

(1) You having money and being fine means you have the power to leave. (2) You cannot explain away 2008 as being the fault of the people who couldn't pay their mortgage. WTAF dude. What I'm getting from this is that you have wrapped yourself up in a nice blanket of ignorance and a nice comfy salary, and while you have come to the conclusion that the business you're engaging in is fraudulent, you've convinced yourself…

> (2) You cannot explain away 2008 as being the fault of the people who couldn't pay their mortgage. WTAF dude. When you are subprime rated, you would have to be a complete moron to take a variable loan on you life. But sure, poor them, it's not their fault, it's the mean evil banker who gave them a tool to shoot themselves with ... That the difference between you and me. I'm gonna give people the freedom to shoot th…

Any time you bring up ESR as a positive figure , you lose. Something to consider. Even OSI banned him from their mailing lists, although way too late.

Re: Ask HN: Does Anyone else working in a crypto company feel this is all a scam?

#192

Post by atq2119 »

jlcoff wrote: post #189
atq2119 wrote: post #182

Earlier quoted context omitted.

Mis-labeling a product is literally fraud. Looked at from first principles, the market cannot work efficiently if people are allowed to lie. Lies create an enormous amount of waste through direct and indirect effects. Government as the monopoly on power (and locking people up) has an important role to play in policing this.

> Mis-labeling a product is literally fraud Such as Tesla FSD ?

Arguably yes.

Re: Ask HN: Does Anyone else working in a crypto company feel this is all a scam?

#193

Post by capitalg »

zeppers wrote: post #147

You are posting this question into what is mostly an anti-crypto echo chamber. It's a bit like asking "is the internet just a big scam" in 1998 at a magazine and newspaper trade conference. The people here are too engrossed in the world they built and lack the imagination for how it could be completely transformed to offer you an objective answer. My opinion is that 98% of crypto is either a scam or just bad ideas th…

https://www.usenix.org/publications/loginonline/web3-fraud

Re: Ask HN: Does Anyone else working in a crypto company feel this is all a scam?

#194

Post by nutmeg37184 »

exdsq wrote: post #127
nutmeg37184 wrote: post #85

Earlier quoted context omitted.

So this is ironic, but from what I've seen, IOHK or Charles and this company went from liking each other to hating each other now. But Charles himself cannot call out the company.

Shame you can't hint who it is

Okay so I can tell you these guys have 4 letters all capitalized. If you can name a few that you think they are, I can tell you if you are right or wrong...

Re: Ask HN: Does Anyone else working in a crypto company feel this is all a scam?

#196

Post by pamery »

nutmeg37184 wrote: post #194
exdsq wrote: post #127

Earlier quoted context omitted.

Shame you can't hint who it is

Okay so I can tell you these guys have 4 letters all capitalized. If you can name a few that you think they are, I can tell you if you are right or wrong...

ADAX, MELD, COTI

Re: Ask HN: Does Anyone else working in a crypto company feel this is all a scam?

#197

Post by nutmeg37184 »

pamery wrote: post #196
nutmeg37184 wrote: post #194

Earlier quoted context omitted.

Okay so I can tell you these guys have 4 letters all capitalized. If you can name a few that you think they are, I can tell you if you are right or wrong...

ADAX, MELD, COTI

Oh yeah, they are right in there. So this must not be just me but others can see it too.

Re: Ask HN: Does Anyone else working in a crypto company feel this is all a scam?

#198

Post by perfffay »

vzcx wrote: post #188
perfffay wrote: post #161

Earlier quoted context omitted.

Crypto has been around since 2009. It's been 13 years of bullshit. Because Andreessen is behind the web3 scam a lot of people are in... FOR THE MONEY. Let me guess none of you would be involved in this if it wasn't for $$$. As soon as crypto becomes the Enron/Madoff of the 2020s this cough 'technology' will disappear.

The ARPANET has been around since 1971. It's been 25 years of bullshit. Because Andreessen is behind the "web" scam a lot of people are in... FOR THE MONEY. Let me guess none of you would be involved in this if it wasn't for $$$. As soon as internet becomes the savings and loans crisis of the 2000's this cough "technology" will disappear.

Yeah Marjorie "The Hulk" politician from GA is pumping this. How dumb do you have to be to think people who understand what ARPANET means will fall for the imbecilic web3 non-sense you are pumping. Go cash out now fool, the scam is running out of suckers.
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