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Ethereum was also a scam, which would have given you 10,000,000% profit?
by wellboy 9y ago
Ethereum was also a scam, which would have given you 10,000,000% profit?
- coldtea 9y agoWhether there would be profit in something or not, is hardly the criterion of it being a scam. In fact a lot of scams can be hugely profitable -- even ponzi schemes if you're not at the lower layers.
- wellboy 9y agoYes, but a scam is knowingly screwing someone over. Is it a scam when you invest in promising technology that, yes, could not work out?
- coldtea 9y ago>Yes, but a scam is knowingly screwing someone over. Oh, most of those people do know -- or should know better. >Is it a scam when you invest in promising technology that, yes, could not work out? In "technology that might not work out" alone, no. In "BS application of technology just because it's in fashion, with no business content" yes.
- wellboy 9y agoYou're making the assumption that crypto will fail 100%, which is arguably not a smart thing to say, because no one knows for sure. Furthermore, Smart contracts are a business content.