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There is this constant thread of seediness to the point of absurdity running through Bitcoin that makes it look like a joke that everyone is in on except the su
by scarmig 6y ago
There is this constant thread of seediness to the point of absurdity running through Bitcoin that makes it look like a joke that everyone is in on except the suckers buying into it. Which makes it hilarious for an observer... though I guess I don't get to laugh all the way to the bank, which is a fitting punchline.
- MattGaiser 6y agoI have to wonder if a lot of this is straight up money laundering. Were there seriously billions of dollars worth of gullible people buying ICOs and every random alt coin a few years ago? On Reddit, there are tons of spammers selling "copy trading" services. Are there actually customers for that?
- notretarded 6y agoYes
- deleted 6y ago[deleted]
- gruez 6y ago>I have to wonder if a lot of this is straight up money laundering Because the best way to clean your dirty money is to sell tokens (which are "totally not securities") and get investigated by the SEC.
- Stevvo 6y agoIn the ICO boom, I worked on many of their products. For the most part, everyone from the CTO to contractors like myself knew the business plan was terrible and the founders were as deluded as the investors. We were just trying to extract as much money as possible from these companies before they went under. It worked. I was earning anywhere from $400 to $5000 an hour.