11–20 of 166 posts
i have a filter for this kind of thing in the era of greedmaxxing (get rich quick schemes that are not new but change shape pretty often these days) - be a late adopter.
I really don’t get the strategy here. What do the coins have to do with the project? Why would someone who was “lured” into using the project buy the coins? Why would someone speculating on the coins use the project? What’s the connection? I’m genuinely having a hard time understanding what there even is for someone to “fall for” here. How does any of this trick anyone? I guess I really am just that out of touch with…
Dirtbag crypto people will spin up a coin in the name of someone's software product, give the project owner a bunch of coin, make them feel special like they're suddenly part of lots of money, and then astroturf and pump the coin as much as they can before setting up for a rugpull by either the project owner trying to cash out, or the crypto folks trying to finish the job off.
Webpage is down for me?
Appears to be running on plain HTTP, and trying to access it over HTTPS presents a bad cert and then redirects somewhere incomprehensible. No idea what the domain owner is doing here.
I really don’t get the strategy here. What do the coins have to do with the project? Why would someone who was “lured” into using the project buy the coins? Why would someone speculating on the coins use the project? What’s the connection? I’m genuinely having a hard time understanding what there even is for someone to “fall for” here. How does any of this trick anyone? I guess I really am just that out of touch with…
I get that feeling. I suppose it's more about crypto than AI, where the first translates into "pyramid scheme" and the second to "hype".
Any kind of defraud must be rooted in someone's greed. In this case that's FOMO about some presumably magic discovery that's gonna change the world.
So nothing special you might have missed about AI or cryptocurrencies. It's just that those are relatively cheap and accessible technologies to create and transfer (presumed) wealth.
I really don’t get the strategy here. What do the coins have to do with the project? Why would someone who was “lured” into using the project buy the coins? Why would someone speculating on the coins use the project? What’s the connection? I’m genuinely having a hard time understanding what there even is for someone to “fall for” here. How does any of this trick anyone? I guess I really am just that out of touch with…
People can spin up magic crypto coins backed by other crypto coins at the push of a button. Dirtbag crypto people will spin up a coin in the name of someone's software product, give the project owner a bunch of coin, make them feel special like they're suddenly part of lots of money, and then astroturf and pump the coin as much as they can before setting up for a rugpull by either the project owner trying to cash out…
I really don’t get the strategy here. What do the coins have to do with the project? Why would someone who was “lured” into using the project buy the coins? Why would someone speculating on the coins use the project? What’s the connection? I’m genuinely having a hard time understanding what there even is for someone to “fall for” here. How does any of this trick anyone? I guess I really am just that out of touch with…
People can spin up magic crypto coins backed by other crypto coins at the push of a button. Dirtbag crypto people will spin up a coin in the name of someone's software product, give the project owner a bunch of coin, make them feel special like they're suddenly part of lots of money, and then astroturf and pump the coin as much as they can before setting up for a rugpull by either the project owner trying to cash out…
Earlier quoted context omitted.
People can spin up magic crypto coins backed by other crypto coins at the push of a button. Dirtbag crypto people will spin up a coin in the name of someone's software product, give the project owner a bunch of coin, make them feel special like they're suddenly part of lots of money, and then astroturf and pump the coin as much as they can before setting up for a rugpull by either the project owner trying to cash out…
So I guess it’s just FOMO, because I still can’t really relate to why anyone would actually buy any of those coins.
>A new worrying amalgamation of crypto scams and vibe coding emerges from the bowels of the internet in 2026 i have a filter for this kind of thing in the era of greedmaxxing (get rich quick schemes that are not new but change shape pretty often these days) - be a late adopter.
To wait is to maximize information and efficiency in execution.
Earlier quoted context omitted.
People can spin up magic crypto coins backed by other crypto coins at the push of a button. Dirtbag crypto people will spin up a coin in the name of someone's software product, give the project owner a bunch of coin, make them feel special like they're suddenly part of lots of money, and then astroturf and pump the coin as much as they can before setting up for a rugpull by either the project owner trying to cash out…
So I guess it’s just FOMO, because I still can’t really relate to why anyone would actually buy any of those coins.
Let me introduce you to the wonderful world of "research." It's what happens when you're willing to spend money on things without immediate, obvious ROI. The real value often comes not from the resulting product, but from the lessons learned along the way. I also don't see what's wrong with showcasing the results of your experiments. How many developers have implemented a toy ray tracer and put it on their personal GitHub? No one in their right mind believes Pixar will use it for their next renderer, but should we conclude those people are inflating their CVs with bait? Or can we acknowledge it's a cool project to undertake, and pulling it off requires real skill? If individuals are welcome to do this, why can't organizations? I want to see more "we did a fun thing, here are the results." There's a playfulness in that approach I find refreshing. Just because it comes from a for-profit company doesn't make it cynical.