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Hekin upvoted kind stranger!
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You can keep telling yourself that, but there's enough utility and momentum behind it that it is not going anywhere. I'm saying this as a person with no stake in the matter, just observing from the sidelines.
What is the utility behind it? I don't see people using to actually do any transactions because of the volatility and fluctuating transaction fees. Scams can have momentum behind them
How... how did he think this was going to turn out? You fake your death, then run to mommy & daddy's house, and hope no one finds you? And just keep the cash?
Criminals, by and large, are stupid. They don't think it through. They just do stuff. Most people who worry about silly little details such as "consequences" don't go into crime.
I guess the typical reply is that we mostly know about the stupid ones who get caught. But it would depend on the crime types, I guess. With some crimes, if the person is really meticulous and clever, chances are also they probably managed to make their business legitimate, like they just become a politician, and get their gains from lobbying and writing "books" instead of running cryptocoin scams.
I had a look at the community feed thingy on the right-hand side of https://coinmarketcap.com/currencies/zerebro/ , oh boy, never have I seen such a high concentration of scammers scamming each other in broad daylight. You'll find real gems like "Amazon" (shown as "Amazon" with Amazon logo, with the handle @nk1dfpb3fmjp conveniently hidden) announcing "the next era of digital transactions with the Amazon Token (AM…
In all seriousness, when the topic of crypto is brought up, I feel angry at myself.
Back at the peak of crypto-hype, and NFT mania i had the gut feeling that this is all bullshit — even though I couldn't put my finger on why.
(And do you remember ICOs?? What was wrong with us??!!)
But seeing a lot of people around me — who are much more knowledgeable, and had way more experience and, most importantly, whose opinions I respected — embrace it, made me feel ashamed of myself for not being able to see the "obvious" value of crypto.
And while I didn't advocate for Blockchain, I feel that I wasn't vocal enough about its drawbacks.
Seeing now that the US government itself getting involved is very worrisome, and sad.
I remember being called to a dinner which was paid for (figures). A couple well-dressed but fashionable guys tried to sell a crypto that ask you play a mobile game or something to earn coins which can be converted into real crypto? or something like that. There were a couple people at the dinner I know being constantly fallen into this kind of traps, including MLM, despite their success in their businesses. Well, the…
real crypto Oxymoron right here.
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Criminals, by and large, are stupid. They don't think it through. They just do stuff. Most people who worry about silly little details such as "consequences" don't go into crime.
Criminals that are caught are stupid. Survivorship bias because you can only observe the ones that are caught. I'm sure plenty of criminals have successfully faked their deaths.
I remember being called to a dinner which was paid for (figures). A couple well-dressed but fashionable guys tried to sell a crypto that ask you play a mobile game or something to earn coins which can be converted into real crypto? or something like that. There were a couple people at the dinner I know being constantly fallen into this kind of traps, including MLM, despite their success in their businesses. Well, the…
Let me guess, Axie Infinity? It is indeed MLM at its worst, because in this case you don't even walk away with any useless (but at least tangible) goods.
Earlier quoted context omitted.
Criminals, by and large, are stupid. They don't think it through. They just do stuff. Most people who worry about silly little details such as "consequences" don't go into crime.
Criminals that are caught are stupid. Survivorship bias because you can only observe the ones that are caught. I'm sure plenty of criminals have successfully faked their deaths.