131–140 of 344 posts
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the users never care The builders do If you’re in the tech field and aren’t worried about privacy, the. I don’t even know what to tell you.
privacy is a basically impossible thing to achieve, like trying to be invisible in all spectrums.
"On average, they spent $400-800 to buy a hotspot. They were expecting $100/month,". These expectations were soooo unrealistic! To have 100% return every 8 months is beyond crazy.
Google had no revenue for years. But turned out to be one of the best investments of all time. To figure out how they are doing, the first thing I would look at is a chart of Helium's usage growth.
[0] https://www.cnbc.com/2019/10/08/what-a-1000-dollar-investmen...
[1] https://www.sec.gov/Archives/edgar/data/1288776/000119312505...
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Not sure about Ether, but there are plenty of people that 'bought in' to the Bitcoin idea and mined some coins early on without 'taking wealth from others'. VCs are in there for entirely different reasons, and 'later stage investors' are always at risk of having their hair cut if what they invest in isn't worth what they paid for it, after all, they too were trying to take money from later day suckers. I never paid a…
> mined some coins early on without 'taking wealth from others' And how exactly did these mined coins become USD ?
Look into SoRare’s volume. They raised over $500m. Volume is now lower than it was way back in 2020. The crypto down rounds are going to be hilarious. Note to investors: if you’re investing in crypto projects, carefully consider the ponzinomics and the vesting schedule. You want your unlocks to happen in the middle of the bullrun when exit liquidity is ample. And also remember that whatever you might think of as “nor…
Every single one of these web3 companies is going bust. They could all be built without tokens or a blockchain if they wanted to. There are only two things propping up the entire crypto economy, VC funding and fraud. Once the VC money leaves the ecosystem the dominoes will fall.
I've had a Linxdot hotspot running in my house for the last few days. Apparently it's earned me 0.08 HNT so far (about $0.70 USD.) I've been thinking about building an IoT device for my mailbox, so I can get a notification when we get a letter. It could be fun to build something that uses the Helium network. Maybe solar powered, and using a weight sensor or something. (I probably don't need Helium for this but it wou…
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Wait...what? You’re complaining about VCs pushing vapor while simultaneously admitting you participated in pumping “ponzi-like” schemes on regular people? You do realize those 7 figure returns you made were a direct wealth transfer from later-stage victims of the ponzi to you? I’m astonished you’re claiming moral superiority over VCs while sitting on wealth you took from thousands of poor people in places like Vietna…
Early investors were excited by the technology, not the promise of quick gains and speculation, like VC nowadays.. that probably where his "superiori moral", provided he meant it that way which I doubt, are. A lot of people think crypto are plain useless but that is just wrong in practice. They are de facto actual "currency", which is already a lot especially for people in third world countries whose national currenc…
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Not sure about Ether, but there are plenty of people that 'bought in' to the Bitcoin idea and mined some coins early on without 'taking wealth from others'. VCs are in there for entirely different reasons, and 'later stage investors' are always at risk of having their hair cut if what they invest in isn't worth what they paid for it, after all, they too were trying to take money from later day suckers. I never paid a…
The miners absolutely are taking wealth from others—-I can’t believe I’m getting sincere pushback about this. The entire value of the Bitcoin you mined came from later stage “investors” in Bitcoin.
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Unfortunately in the crypto winter, crypto shovel sellers like Coinbase are doing quite badly as well.
I think you need to go a layer or two deeper to find the shovel vendors, maybe those selling compute?
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Wait...what? You’re complaining about VCs pushing vapor while simultaneously admitting you participated in pumping “ponzi-like” schemes on regular people? You do realize those 7 figure returns you made were a direct wealth transfer from later-stage victims of the ponzi to you? I’m astonished you’re claiming moral superiority over VCs while sitting on wealth you took from thousands of poor people in places like Vietna…
Are you trying to say that ehtereum is a ponzi scheme? Do you think Bitcoin is also one? Don't get me wrong, there are alot of scams in the Crypto szene (like in any scene with a lot of money and not much regulation) but there are also legit, interesting projects. And to be clear; Ethereum is of course not a ponzi-scheme.