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About 5 years ago, Reddit hired a crypto guy, Ryan X Charles, to make something called "reddit notes"[0] that they could never explain[1]. He wasted his time re
by ForHackernews 8y ago
About 5 years ago, Reddit hired a crypto guy, Ryan X Charles, to make something called "reddit notes"[0] that they could never explain[1]. He wasted his time re-implementing bitcoin in Javascript[2], and was eventually fired.[3]
I guess you could say they were already early pioneers of the "cryptocurrency scam flameout" pattern.
[0] https://www.reddit.com/r/redditnotes https://www.reddit.com/r/redditnotes
[1] https://www.engadget.com/2014/12/19/reddit-notes/ https://www.engadget.com/2014/12/19/reddit-notes/
[2] https://www.reddit.com/r/Bitcoin/comments/2uadvd/the_real_reason_ryan_charles_was_fired_from/ https://www.reddit.com/r/Bitcoin/comments/2uadvd/the_real_re...
[3] http://fortune.com/2015/01/30/reddit-notes-is-not-going-to-happen/ http://fortune.com/2015/01/30/reddit-notes-is-not-going-to-h...
- bduerst 8y agoBut why not mine bitcoins client-side with millions of mobile users? (/s)
- jules-jules 8y agoIf that would mean staying independent and free from economic/political interference, why not?
- ForHackernews 8y agoBecause users like their batteries? Because trying to do crypto properly in a language without integers is recipe for disaster?
- bduerst 8y agoThat would require Bitcoin to be free from economic/political interference first, and given the the block size debacle and concentration of power with the Chinese miners, that's not the case.