Fools and their crypto

#1

Post by rbanffy » Tue, Jan 30, 2018, 10:57 PM UTC

Fools and their crypto
techcrunch.com

Re: Fools and their crypto

#2

Post by blattimwind » Tue, Jan 30, 2018, 11:15 PM UTC

(Article is about cryptocurrencies)

Re: Fools and their crypto

#3

Post by JumpCrisscross » Tue, Jan 30, 2018, 11:16 PM UTC

"They created a credible white paper that, at the very least, tickled some of the neophilic nerves, and they had an active, if scammy, social media presence. That is literally all you need to run an ICO these days and they did exactly as expected.

Then the whole thing imploded. On the 28th the scam shut down, leaving a website containing a single word: penis."

Re: Fools and their crypto

#4

Post by KasianFranks » Tue, Jan 30, 2018, 11:17 PM UTC

Separating bad actors and their crypto from good actors and their crypto is where were headed next. Lessons in due diligence apply to crypto just as with any other investment vehicle but it seems many have missed this. The crypto space is being refined, which is a good thing.

Re: Fools and their crypto

#5

Post by icodemuch » Tue, Jan 30, 2018, 11:21 PM UTC

Hopefully a wake up call.. but probably won't be.

Re: Fools and their crypto

#6

Post by r053bud » Tue, Jan 30, 2018, 11:22 PM UTC

For real though...when will we stop using crypto to refer to cryptocurrencies? Crypto is short for one thing and it's cryptography.

Re: Fools and their crypto

#7

Post by dominotw » Tue, Jan 30, 2018, 11:24 PM UTC

r053bud wrote: post #6

For real though...when will we stop using crypto to refer to cryptocurrencies? Crypto is short for one thing and it's cryptography.

> Crypto is short for one thing and it's cryptography.

Says who?

Re: Fools and their crypto

#8

Post by jbarham » Tue, Jan 30, 2018, 11:30 PM UTC

dominotw wrote: post #7

r053bud wrote: post #6

For real though...when will we stop using crypto to refer to cryptocurrencies? Crypto is short for one thing and it's cryptography.

> Crypto is short for one thing and it's cryptography. Says who?

DJB: http://cr.yp.to/

Re: Fools and their crypto

#9

Post by JumpCrisscross » Tue, Jan 30, 2018, 11:35 PM UTC

KasianFranks wrote: post #4

Separating bad actors and their crypto from good actors and their crypto is where were headed next. Lessons in due diligence apply to crypto just as with any other investment vehicle but it seems many have missed this. The crypto space is being refined, which is a good thing.

> The crypto space is being refined, which is a good thing

Honest question, is this a parody account?

Re: Fools and their crypto

#10

Post by qsymmachus » Tue, Jan 30, 2018, 11:36 PM UTC

JumpCrisscross wrote: post #9

KasianFranks wrote: post #4

Separating bad actors and their crypto from good actors and their crypto is where were headed next. Lessons in due diligence apply to crypto just as with any other investment vehicle but it seems many have missed this. The crypto space is being refined, which is a good thing.

> The crypto space is being refined, which is a good thing Honest question, is this a parody account?

https://en.wikipedia.org/wiki/Poe%27s_law