71–80 of 136 posts
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I would be super worried about having a resume filled with ponzi schemes.
Just like every ponzi scheme, the trick is to get out in time. I wonder how many people worked for Madoff but left before it all fell apart. How many of them are now working in other financial jobs? or Lehman bros.
> She said that investigators had proof that a Nexo client, who used the company’s platform to transfer cryptocurrencies, was a person officially designated as financing terrorism, but gave no further details. All crypto is some form of crime, money laundering, evading sanctions, funding terrorism, or just a ponzi scheme, it's just different sides of the same thing. I wish this space would totally collapse. Maybe if…
Is Bitcoin a Ponzi? How exactly?
An ex-colleague of mine worked for OneCoin (another crypto scam originating from Bulgaria) when their offices got raided a few years ago. Now he’s an engineering manager at Nexo. I can see a pattern emerging in his career.
I honestly think a lot of the employees of these companies don’t know about the underlying fraud. The cryptocurrency world is full of rationalizations and illogical beliefs that make a lot of these businesses sound legitimate to the underinformed. That said, I’ve had nothing but bad experiences with cryptocurrency obsessed hires and peers in the workplace. This got especially bad in 2022 when people’s portfolios were…
Earlier quoted context omitted.
Shady. Willing to be paid in strange currencies deposited in overseas banks. Likely to have tax troubles one day. Knows how to buy a plane ticket using cash. Strong opinions on Krugerrand valuation. Owns a motorcycle without an odometer. Bought a house with a series of 9,999$ travelers checks. More likely to install a Kim Dotcom-type panic room than run for public office.
Where do I sign up?
An ex-colleague of mine worked for OneCoin (another crypto scam originating from Bulgaria) when their offices got raided a few years ago. Now he’s an engineering manager at Nexo. I can see a pattern emerging in his career.
Earlier quoted context omitted.
Disruptive product-oriented technologist, with a mind for optimizing customer-business needs.
Shady. Willing to be paid in strange currencies deposited in overseas banks. Likely to have tax troubles one day. Knows how to buy a plane ticket using cash. Strong opinions on Krugerrand valuation. Owns a motorcycle without an odometer. Bought a house with a series of 9,999$ travelers checks. More likely to install a Kim Dotcom-type panic room than run for public office.
> She said that investigators had proof that a Nexo client, who used the company’s platform to transfer cryptocurrencies, was a person officially designated as financing terrorism, but gave no further details. All crypto is some form of crime, money laundering, evading sanctions, funding terrorism, or just a ponzi scheme, it's just different sides of the same thing. I wish this space would totally collapse. Maybe if…
An ex-colleague of mine worked for OneCoin (another crypto scam originating from Bulgaria) when their offices got raided a few years ago. Now he’s an engineering manager at Nexo. I can see a pattern emerging in his career.
I honestly think a lot of the employees of these companies don’t know about the underlying fraud. The cryptocurrency world is full of rationalizations and illogical beliefs that make a lot of these businesses sound legitimate to the underinformed. That said, I’ve had nothing but bad experiences with cryptocurrency obsessed hires and peers in the workplace. This got especially bad in 2022 when people’s portfolios were…