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Don't be too demoralized. With crimes as with legal business stories you only tend to hear about the large successes. It is nice to think that if only your mora
by hristov 9y ago
Don't be too demoralized. With crimes as with legal business stories you only tend to hear about the large successes. It is nice to think that if only your morals weren't as strong you could be a criminal multimillionaire, but it is doubtful in reality.
As a parallel there are thousands of kids setting out to become the kingpin drug-dealers glamorized in media and most of them end up dead, in jail or working bad dead end low level dealer jobs where they make less than minimum wage.
There are now over fifteen hundred different alt coins most of them languishing in complete obscurity and failure. Nobody knows the exact statistics, but I am sure the vast majority of the reported ICOs were failures too. The ICO market is unregulated so that it does not show when the promoters are buying their own tokens ... I guarantee you that most ICOs were basically propped up by the promoters in order to make them look successful so that they did not really make anyone any money.
The major difference between this and the drug dealers, is that the police have not moved in yet, so people are not going to jail yet.
So it is always better to work in creating real value and making an honest living. And don't worry about what would have been if you were a successful criminal. Consider the infinitely more likely possibility of what would have been if you were failed criminal, or just an impoverished barely-getting-by criminal.
- robbomacrae 9y agoI think in general your point stands but not with the audience of this website. I'm willing to bet nearly everyone who reads this has looked at phishing scams, nigerian prince emails, and now ICO's and thought to themselves "jeez it's like they aren't even trying..." Starting up a drug dealership I'm sure is tricky.. but it would only take one afternoon to set up a couple of the above schemes and A/B test your way to illicit success. There's probably plug and play github repos. I don't intend to encourage.. stay classy HackerNews!