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The irony. He rants about the unethical behavior of his associates and then clearly states that he will himself engage in unethical behavior. The only thing t

The irony. He rants about the unethical behavior of his associates and then clearly states that he will himself engage in unethical behavior. The only thing this rant proves is that the ICO space is over run by ethically challenged scammers much like the Bitcoin ASIC space was 3 years ago.

anovikov 9y ago
Well... isn't that is whole thing about it? I mean, ICO is a vehicle for scams, just another way to nicely package a Ponzi scheme? This is why they exist.
em3rgent0rdr 9y ago
It may be ironic, however it's not unethical to engage in unethical behavior specifically against unethical actors.
- krirken 9y ago
  > it's not unethical to engage in unethical behavior OK.
- humanrebar 9y ago
  Depends on your ethics. In mine that is absolutely unethical.
  - flukus 9y ago
    I agree. Doesn't mean I wouldn't engage in that unethical behavior though, I just wouldn't try to justify it as ethical.
  - angersock 9y ago
    Sounds like they broke, or tried to break, his leg. Seems reasonable to me to want to fight back.
    - King-Aaron 9y ago
      Honestly to me, it sounds like a junior (or at least, a non-business-savvy) person tried to extort somewhere in the area of $3.5 million from the owner of their company. In this instance, "trying to break his leg" may have been more like "got shoved and fell over" (Which to be fair, could be a reaction someone might have if their employee came into their office demanding several million dollars - who knows). I don't know, I'd like to hear the other side of the story.
      - mungoid 9y ago
        I was kinda more thinking the other person kicked a garbage can or chair and it banged the authors knee or something. Had similar happen at a start up years ago and seems more plausible than being attacked. If he were attacked like I think he wanted it to sound then a lawsuit would probably get him the money he wanted
      - richardknop 9y ago
        Junior? He has worked on the codebase since 2015 alone, then Aeternity stole his code and raised 77 million USD entirely based on his own work. He is the sole reason the company even exists so definitely not junior. And they stealing his code and starting a company based on it was how they got started so they are clearly not nice people.
        King-Aaron 9y ago
        Junior/younger/etc. Don't need to get too caught up in the terminology. They also didn't 'steal' his code from the sounds of it. It sounds like he was in some form of verbal partnership to help develop a company (which they were clearly fairly far along with) but hadn't signed any real contracts. After two years someone isn't stealing your code, and you should be savvy enough to realise that the business world isn't really about being nice people - you need to cover your bases.
        richardknop 9y ago
        I don't care about terminology/title. That's irrelevant. My point is that the company raised 77 million of dollars based entirely on technology invented by this developer. Him asking to own a small part of that is totally reasonable. I agree that he should have signed a proper contract with them and not rely on verbal agreements (but after reading little bit about him online he seems to be some sort of extreme libertarian, he doesn't believe in lawyers and contracts, just in voluntary exchanges). But that doesn't mean it's not a bit evil for the company to just throw him away after using his name and technology to get people invest in them.
- GalacticDomin8r 9y ago
  Yeah because history always treats kindly those who believe the ends justify the means.
  - tankenmate 9y ago
    And yet on the other hand many times the history is written by the victors.
  - em3rgent0rdr 9y ago
    I never said or implied ends justify the means. I simply said it is not necessarily unethical to to engage in what would otherwise be unethical actions against actors who engage in unethical actions against ethical actors.
- honestoHeminway 9y ago
  interesting, ethics is basically a signum operator. twice unethical equals ethical- so basically modulu 2
watwut 9y ago
Angry people do dumb things.
Mithaldu 9y ago
He hasn't said that he will. He stated it is his only way, which can also be read sarcastically as "there is no way i can get paid".

anovikov 9y ago

Well... isn't that is whole thing about it? I mean, ICO is a vehicle for scams, just another way to nicely package a Ponzi scheme? This is why they exist.

em3rgent0rdr 9y ago

It may be ironic, however it's not unethical to engage in unethical behavior specifically against unethical actors.

krirken 9y ago
> it's not unethical to engage in unethical behavior OK.
humanrebar 9y ago
Depends on your ethics. In mine that is absolutely unethical.
- flukus 9y ago
  I agree. Doesn't mean I wouldn't engage in that unethical behavior though, I just wouldn't try to justify it as ethical.
- angersock 9y ago
  Sounds like they broke, or tried to break, his leg. Seems reasonable to me to want to fight back.
  - King-Aaron 9y ago
    Honestly to me, it sounds like a junior (or at least, a non-business-savvy) person tried to extort somewhere in the area of $3.5 million from the owner of their company. In this instance, "trying to break his leg" may have been more like "got shoved and fell over" (Which to be fair, could be a reaction someone might have if their employee came into their office demanding several million dollars - who knows). I don't know, I'd like to hear the other side of the story.
    - mungoid 9y ago
      I was kinda more thinking the other person kicked a garbage can or chair and it banged the authors knee or something. Had similar happen at a start up years ago and seems more plausible than being attacked. If he were attacked like I think he wanted it to sound then a lawsuit would probably get him the money he wanted
    - richardknop 9y ago
      Junior? He has worked on the codebase since 2015 alone, then Aeternity stole his code and raised 77 million USD entirely based on his own work. He is the sole reason the company even exists so definitely not junior. And they stealing his code and starting a company based on it was how they got started so they are clearly not nice people.
      - King-Aaron 9y ago
        Junior/younger/etc. Don't need to get too caught up in the terminology. They also didn't 'steal' his code from the sounds of it. It sounds like he was in some form of verbal partnership to help develop a company (which they were clearly fairly far along with) but hadn't signed any real contracts. After two years someone isn't stealing your code, and you should be savvy enough to realise that the business world isn't really about being nice people - you need to cover your bases.
        richardknop 9y ago
        I don't care about terminology/title. That's irrelevant. My point is that the company raised 77 million of dollars based entirely on technology invented by this developer. Him asking to own a small part of that is totally reasonable. I agree that he should have signed a proper contract with them and not rely on verbal agreements (but after reading little bit about him online he seems to be some sort of extreme libertarian, he doesn't believe in lawyers and contracts, just in voluntary exchanges). But that doesn't mean it's not a bit evil for the company to just throw him away after using his name and technology to get people invest in them.
GalacticDomin8r 9y ago
Yeah because history always treats kindly those who believe the ends justify the means.
- tankenmate 9y ago
  And yet on the other hand many times the history is written by the victors.
- em3rgent0rdr 9y ago
  I never said or implied ends justify the means. I simply said it is not necessarily unethical to to engage in what would otherwise be unethical actions against actors who engage in unethical actions against ethical actors.
honestoHeminway 9y ago
interesting, ethics is basically a signum operator. twice unethical equals ethical- so basically modulu 2

watwut 9y ago

Angry people do dumb things.

Mithaldu 9y ago

He hasn't said that he will. He stated it is his only way, which can also be read sarcastically as "there is no way i can get paid".